Questions tagged [tax deduction]

Best way to learning about blockchain & crypto knowledge for free here 6 questions

Start on BTCC →
Stefano Stefano Wed Jan 15 2025 | 7 answers 1237

Which exchange rate is used for tax deduction in foreign currency?

I am wondering about the exchange rate that is applied for tax deduction purposes when dealing with foreign currency transactions. Which rate should be used for accurate deductions?

Which exchange rate is used for tax deduction in foreign currency?
Federico Federico Mon Dec 02 2024 | 5 answers 1467

How much crypto loss can I write off?

I'm wondering about the amount of cryptocurrency losses that I can claim as a write-off. I want to know the limit or the specific rules regarding this matter.

How much crypto loss can I write off?
CryptoNerd CryptoNerd Thu Oct 24 2024 | 6 answers 1214

Can you write off management fees?

I am a business owner and I am wondering if I can write off management fees as a business expense. I want to know if this is allowed and how it can benefit my business.

Can you write off management fees?
Valentino Valentino Wed Oct 09 2024 | 7 answers 1321

Can I write off gas fees?

I'm wondering if it's possible to write off gas fees. I'm trying to understand if there's a way to deduct these expenses for tax purposes or any other legitimate reasons.

Can I write off gas fees?
Maria Maria Sun Sep 08 2024 | 0 answers 0

Do you get a tax deduction if you sell a bitcoin ETF?

I'm curious about the tax implications of selling a Bitcoin ETF. Is it possible to receive a tax deduction from such a transaction? How does the IRS view Bitcoin ETFs, and are there any specific rules or regulations that govern the taxation of these investments? It would be great if you could provide some clarity on this matter.

Do you get a tax deduction if you sell a bitcoin ETF?

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users