Crypto Taxes Explained For Beginners 2023 | Do I Really Need To Pay In US and Canada?
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EP.106 It's tax-filing time, and you're not alone if you're feeling overwhelmed. Are you hoping to correctly guess how much you owe so the IRS doesn't haul you off to jail? Do I have to pay crypto taxes in the US and in Canada? Don't worry, I’ve got your back! In this episode of the Girl In The Verse podcast, Melina sits down with crypto tax professional, Squeeze Taxes to discuss everything you need to know about how crypto taxes work! Are you wondering when to pay crypto taxes, how does crypto taxes work, or why do you have to pay taxes on cryptocurrency? To understand your tax obligations, it's important to ask "how does crypto taxes work?" This involves understanding the tax treatment of various crypto transactions, such as buying, selling, and exchanging cryptocurrencies, as well as the different tax rates and reporting requirements that may apply. We'll also address recent changes to the tax code and how they may impact your return this year. So if you're feeling overwhelmed and unsure about how to approach your crypto taxes, join us for an informative and entertaining discussion that will help take the stress out of tax season! Topics: When to pay crypto taxes? How does crypto taxes work? Why do you have to pay taxes on cryptocurrency? Do we pay taxes on crypto? Is crypto taxed in USA? Is crypto taxed in Canada? When to file crypto taxes? FOLLOW SQUEEZE: Twitter: https://twitter.com/SqueezeTaxes Join the Newsletter: https://girlintheverse.substack.com/ Watch the video Podcast: https://youtu.be/nJ_F_p02uNw  FOLLOW GIRL ON SOCIAL: Twitter: https://twitter.com/girl_intheverse IG: https://www.instagram.com/girlintheverse/ TikTok: https://www.tiktok.com/@girlintheverse --- Send in a voice message: https://anchor.fm/girlintheverse/message
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