Is there anyway we can reduce taxes on crypto? Other than obviously hodling it more than a year.

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Offset with short term losses

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Sell your GME at a loss and put those losses against your crypto gains

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Depending on your income and gains, keep an eye on the change in the LTCG brackets. Your LTCG income floats on top of your ordinary income (i.e., only your ordinary income sets your ordinary tax bracket, but ordinary + LTCG sets your LTCG bracket). So in a year where you're close to the next LTCG bracket, you might want to set a min/max on how much you sell.

E.g. calculate expected ordinary income for the year and unload only as much as would max out the 15% LTCG rate. Bracket tops out around $440k single/$496k mfj though, so this is more of an issue if there are married high income earners or significant gains.

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C2 I've been thinking about quitting every job I've ever had since the day I started lol

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Move to yo mamas house in Puerto Rico

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Only if your taxable income is under a certain threshold. Will send link

Or if you live in a country with no taxes on it

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There’s always this way.

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Im so happy! I just paid off all my debts!

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Didn’t invest in LTC early on, it went down to 260 today - worth pulling the plug on it?

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What etfs should I buy in a taxable vs roth account?

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1000$ rsu is equivalent to how much Indian Rs ?

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This is a little embarrassing… I don’t know anything about investing. I come from a low income / immigrant background and never received financial education. Just recently learned the difference between an TR and Roth IRA 😓 I have started to contribute $$ in my 401K. I am 27 and only have like $15K in my Vanguard account feel like I am so behind. Can someone recommend good resource/advise to learn the basics?

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What will be the inhand for this with proper taxation?

P.s: want to compare with another but fishbowl don't allow to add 2 images
I just shared that too a while ago.

Please help i think the gratuity is extra

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HYSA anyone recommends?

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Hey All,
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My office is in Yemlur and my fiance's office is at EPIP zone. Which is the best place to live and which platform to look after the house
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If I had a traditional IRA before being employed in a 401k eligible role, can / must I roll that IRA into the 401k or can I leave the accounts separate without deleterious tax consequences?

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“It turns out that wealth does trickle down, you just have to make them bleed first”

I guess they didn’t like bleeding so they’re trying to manipulate the markets in their favor AGAIN.

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Why so red? Any stocks good to buy now?

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Bi-annual plug to say I’m a realtor in Charlotte, NC if anyone needs help buying a home or investment property. DM me!

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So...bonus was abysmal and I whined...but I had no idea that the profit sharing would be even more pathetic. Fuck this shit.

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Dm me if you have below skills

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Additional Posts in Everything crypto

Didn’t invest in LTC early on, it went down to 260 today - worth pulling the plug on it?

What have you all bought this past week other than btc and eth? Thinking of putting some down on algorand and polygon.

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Anyone get in on the polymath airdrop? I did and now trying out if the platform is actually viable. Thought?

Thoughts on AdEx ?

When I place a limit buy on Bittrex, say on a eth-strat pair, and it hits my bid 2 days later, what is the constant? Price of eth (at time of order) or units of strat bought?

Is there any way to get around the coinbase fee when buying crypto?

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Is Bitcoin about to fall below 30k or rally back above 40k. Vote below 🔮

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Anyone participating in DADI coin crowd sale? Why yes / no?

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Still worth HODLing xvg? Reading a lot of conflicting news about the coin.

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I'm a masochist. PRQ tied up a ton of my assets during the last run up in early 2021 while crabbing and dumped just as bad as other alts in May. I just heard whispers of a big cex listing and put some money back into it. 😬

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Any thoughts on Stellar Lumens?

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Not sure how I feel about this #DeleteCoinbase movement...perspectives?

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This weekend likely full of fireworks in either direction. What’s on your menu? LTC? Saitama?

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Go LTC go!

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I need a hard hat for these falling prices. Stay safe⛑📉

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Are crypto IRA’s worth it or is it better to just open an account at Coinbase and invest that way?

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Thoughts on btc becoming a new global currency by 2030? Not as optimistic as I once was after seeing all of these countries trying to create their own cryptocurrencies instead.

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My portfolio literally went up 15 pc in the past 2 hours

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Any altcoins in sight for meteoric rises? 🚀 🚀

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