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Clinton Donnelly posts on X about capital gains, donald trump, money, inflation the most. They currently have XXXXXX followers and XXX posts still getting attention that total XXX engagements in the last XX hours.
Social category influence finance
Social topic influence capital gains, donald trump, money, inflation, longterm, crypto taxes, rates, let me, exchanges, feb
Top posts by engagements in the last XX hours
"The Tax Inspector General for Tax Administration often called TIGTA acts as a watchdog overseeing the IRS. This group regularly releases reports monitoring how the IRS operates and theyve recently raised some serious concerns about the agencys ability to receive and process tax returns next year. When Donald Trump took office there was an immediate layoff of temporary employees who had only been working for about a year. The IRS initially received an exemption so those workers could stay on through the busy tax filing season up until April 15th. But once that ended most of them were let go."
X Link @CryptoTaxFixer 2025-10-14T15:17Z 11.8K followers, 1681 engagements
"Are you being taxed on money you never actually made Sounds crazy. But thats what our capital gains system does in an inflation cycle. Capital gains tax is supposed to hit profit the difference between what you paid and what you sold for. Simple right Except when the dollar shrinks the math lies. Real story: I bought a car in 2020 for $17500. Two years later more miles more wear I sold it for $18100. On paper thats a $XXX gain. In reality The car didnt get better. The currency got worse. Inflation did the lifting. And yet the tax code smiles and says: Congratulations on your profit pay up."
X Link @CryptoTaxFixer 2025-10-08T17:10Z 11.8K followers, 1698 engagements
"Three legitimate ways to lower your U.S. crypto taxes 1) Hold long-term before selling Keep assets for over XX months to qualify for long-term capital gains rates (generally 1520% federally potentially X% for lower brackets). 2) Consider your state State taxes are stacked on top of federal. Some states have no state income tax while others (e.g. California) can add XX% on capital gains. Where you live matters. 3) Puerto Rico (Act 60) For U.S. citizens willing to relocate Puerto Rico can offer X% Puerto Rico tax on capital gains that accrue after you become a bona fide Puerto Rico resident and"
X Link @CryptoTaxFixer 2025-10-11T13:25Z 11.8K followers, 1987 engagements
"Let me give you the quick and dirty on the 1099-DA. When it starts Beginning in February 2026 centralized crypto exchanges will issue a new tax form: the 1099-DA (Digital Asset). Youll receive a copy and so will the IRS. What it reports The 1099-DA will show: Every sale exchange or transfer you made during the year (2025). Gross proceeds only the value of each transaction at the time it occurred. What it will not show is your cost basis. That part is still on you to track and calculate. What this means for taxpayers Expect pages of transactions if you trade frequently. Your accountant or tax"
X Link @CryptoTaxFixer 2025-10-03T15:06Z 11.8K followers, 1989 engagements
"🚨1099-DA for Crypto: Whats Coming What It Reports and What You Should Do Short version: Brokers will report your 2025 digital-asset sales to the IRS on Form 1099-DA. Youll receive a copy by Feb XX 2026 and brokers must e-file with the IRS by Mar XX 2026. For 2025 activity they report gross proceeds; starting with 2026 activity they also report basis/gain-loss for covered assets. What is Form 1099-DA A new information return brokers use to report certain digital-asset sales or exchanges (e.g. on centralized exchanges certain custodial platforms). It aligns crypto reporting with long-standing"
X Link @CryptoTaxFixer 2025-10-09T15:18Z 11.8K followers, 1374 engagements