#  @TheCryptoCPA Shehan Shehan posts on X about crypto, if you, exchanges, money the most. They currently have [------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours. ### Engagements: [------] [#](/creator/twitter::57997841/interactions)  - [--] Week [-------] +262% - [--] Month [---------] +39% - [--] Months [---------] +4,261% - [--] Year [---------] -70% ### Mentions: [--] [#](/creator/twitter::57997841/posts_active)  - [--] Week [--] +156% - [--] Month [---] +128% - [--] Months [---] +1,470% - [--] Year [---] -36% ### Followers: [------] [#](/creator/twitter::57997841/followers)  - [--] Week [------] +0.20% - [--] Month [------] +1.50% - [--] Months [------] +1.20% - [--] Year [------] +0.02% ### CreatorRank: [-------] [#](/creator/twitter::57997841/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 48.34% [cryptocurrencies](/list/cryptocurrencies) 9.48% [technology brands](/list/technology-brands) 6.16% [stocks](/list/stocks) #4913 [exchanges](/list/exchanges) #331 [celebrities](/list/celebrities) 1.42% [social networks](/list/social-networks) 0.95% [currencies](/list/currencies) 0.95% [automotive brands](/list/automotive-brands) 0.95% [countries](/list/countries) 0.47% **Social topic influence** [crypto](/topic/crypto) #674, [if you](/topic/if-you) #3413, [exchanges](/topic/exchanges) #179, [money](/topic/money) 7.11%, [software](/topic/software) #142, [coin](/topic/coin) 5.21%, [staking](/topic/staking) 4.74%, [bitcoin](/topic/bitcoin) 4.27%, [coinbase](/topic/coinbase) #47, [in the](/topic/in-the) 3.79% **Top accounts mentioned or mentioned by** [@cointracker](/creator/undefined) [@billym2k](/creator/undefined) [@defyneric](/creator/undefined) [@topcointrader](/creator/undefined) [@coinbase](/creator/undefined) [@aibra](/creator/undefined) [@mike5starlife](/creator/undefined) [@moonscapehq](/creator/undefined) [@truthfromatl](/creator/undefined) [@diysolarready1](/creator/undefined) [@bryanjohnson](/creator/undefined) [@thejackforge](/creator/undefined) [@jason](/creator/undefined) [@awwstn](/creator/undefined) [@kidneycryptodoc](/creator/undefined) [@secjayret](/creator/undefined) [@senmarkey](/creator/undefined) [@drishtadyumn](/creator/undefined) [@kobeissiletter](/creator/undefined) [@theallinpod](/creator/undefined) **Top assets mentioned** [Bitcoin (BTC)](/topic/bitcoin) [Coinbase Global Inc. (COIN)](/topic/coinbase) [Uber Technologies, Inc. (UBER)](/topic/$uber) ### Top Social Posts Top posts by engagements in the last [--] hours "The #1 thing you need to know going into crypto tax season: 1099-DAs are coming and they MUST match what you report on Form [----]. If your proceeds don't align with what exchanges send the IRS you'll get an automated notice. Verify your crypto tax software can reconcile 1099-DAs before generating your forms. https://twitter.com/i/web/status/2021992769628123245 https://twitter.com/i/web/status/2021992769628123245" [X Link](https://x.com/TheCryptoCPA/status/2021992769628123245) 2026-02-12T17:00Z 23.4K followers, 12.6K engagements "Whats NOT taxable ๐ซ Transfers between your wallets & exchange accounts ๐ซ Sending/receiving crypto gifts ๐ซ Crypto cash-back rewards You still need to track these even though you don't have to report these to the IRS" [X Link](https://x.com/anyuser/status/1868377497923883225) 2024-12-15T19:28Z 23.4K followers, 92K engagements "Here's how the IRS will catch crypto tax evaders: They receive your 1099-DA directly from the exchange showing proceeds. When you file your return IRS systems check if the same amounts have been reported on your Form [----]. Big discrepancies = automated IRS notice. Reconcile your 1099-DA with your crypto tax software reports BEFORE filing. Getting an IRS notice means delays stress and potential penalties you could have easily avoided. https://twitter.com/i/web/status/2015937886881730847 https://twitter.com/i/web/status/2015937886881730847" [X Link](https://x.com/TheCryptoCPA/status/2015937886881730847) 2026-01-27T00:00Z 23.3K followers, 137.8K engagements "You can have perfect transaction tracking in your crypto tax software but if it shows $100K proceeds and your 1099-DA shows $120K the IRS computer flags you automatically. Your software being "right" doesn't matter" [X Link](https://x.com/TheCryptoCPA/status/2016662658380902808) 2026-01-29T00:00Z 23.3K followers, 22.6K engagements "FAQ: "Can I deduct my hardware wallet purchase" No. Personal property used to store investments isn't deductible. It's like asking if you can deduct your safe deposit box for stock certificates. Don't try to write off Ledgers Trezors or security keys" [X Link](https://x.com/TheCryptoCPA/status/2018052057547116714) 2026-02-01T20:01Z 23.3K followers, [----] engagements "Transferring crypto between your own wallets or exchanges isn't a taxable event and won't appear on 1099-DAs. Only sales or exchanges trigger reporting. Document your transfers with transaction IDs and dates. This proves to the IRS that gaps in your 1099-DA coverage are non-taxable movements not hidden sales. https://twitter.com/i/web/status/2018368888036053268 https://twitter.com/i/web/status/2018368888036053268" [X Link](https://x.com/TheCryptoCPA/status/2018368888036053268) 2026-02-02T17:00Z 23.3K followers, [----] engagements "@secjayret X ray" [X Link](https://x.com/TheCryptoCPA/status/2018473467142684780) 2026-02-02T23:55Z 23.3K followers, 11.9K engagements "Before 1099-DAs your crypto tax software was the source of truth. The IRS had no data to compare against. Now The 1099-DA is the source of truth for most CeFi activity and your software must match it exactly. Stop picking crypto tax software based on legacy criteria. The ONLY question that matters now: "Can this reconcile my 1099-DAs" Ask explicitly before buying. https://twitter.com/i/web/status/2019501608288031100 https://twitter.com/i/web/status/2019501608288031100" [X Link](https://x.com/TheCryptoCPA/status/2019501608288031100) 2026-02-05T20:01Z 23.3K followers, [----] engagements "Staking rewards over $600 get reported on a 1099-MISC not a 1099-DA. The 1099-DA only covers sales and disposals of crypto. Income from staking lending airdrops or rewards follows different reporting rules. Look for BOTH forms from your exchanges. Missing staking income from your return because you only looked at the 1099-DA is a common mistake that leads to underreporting" [X Link](https://x.com/TheCryptoCPA/status/2019561748592804036) 2026-02-06T00:00Z 23.3K followers, [----] engagements "@SenMarkey Don't care as long as it's cheaper than Uber" [X Link](https://x.com/TheCryptoCPA/status/2019680750912614645) 2026-02-06T07:53Z 23.3K followers, [---] engagements ""But I lost money so taxes should be easy" is the most dangerous assumption in crypto. Losses with high transaction volume are HARDER to report correctly than simple gains. If you have losses across multiple exchanges with 500+ transactions hire a CPA. Claiming large losses incorrectly triggers audits faster than reporting gains. https://twitter.com/i/web/status/2019863991942586731 https://twitter.com/i/web/status/2019863991942586731" [X Link](https://x.com/TheCryptoCPA/status/2019863991942586731) 2026-02-06T20:01Z 23.3K followers, [----] engagements "Your exchange will consolidate multiple transactions into single lines on your 1099-DA instead of listing every trade separately. This saves paper but creates reconciliation headaches with your crypto tax software. Action: Don't try to match trade-by-trade. Focus on matching the final totals by comparing aggregate proceeds from the exchange vs your software" [X Link](https://x.com/TheCryptoCPA/status/2020543221399498927) 2026-02-08T17:00Z 23.3K followers, [----] engagements "Assuming crypto tax software handles 1099-DA reconciliation automatically is wrong. Most don't. Ask your software's support team: "Does your platform auto-reconcile 1099-DAs or do I need to make manual adjustments" Get their answer in writing before tax season hits" [X Link](https://x.com/TheCryptoCPA/status/2020905625891283453) 2026-02-09T17:00Z 23.3K followers, [----] engagements "The 1099-DA shows $200K in proceeds. Your crypto tax software shows $195K because it's missing some transactions. You can't just report $195K anymore. The IRS will notice the $5K difference. Your software must have features to add missing transactions that appear on 1099-DAs. If it can't create reconciliation entries it's already obsolete. https://twitter.com/i/web/status/2020951173943943475 https://twitter.com/i/web/status/2020951173943943475" [X Link](https://x.com/TheCryptoCPA/status/2020951173943943475) 2026-02-09T20:01Z 23.3K followers, [----] engagements "@topcointrader @coinbase Why do you think it should know Once it leaves CB CB has no visibility into that point" [X Link](https://x.com/TheCryptoCPA/status/2021312234648125587) 2026-02-10T19:56Z 23.3K followers, [--] engagements "RT @TheCryptoCPA: How to figure out your tax rate for crypto profits (Bonus: [--] easy tax-saving tips at the end) More details ๐ 1/ If y" [X Link](https://x.com/TheCryptoCPA/status/2021706375252828595) 2026-02-11T22:02Z 23.3K followers, [--] engagements "RT @TheCryptoCPA: The old crypto tax software playbook: import transactions calculate gains file. The new playbook: import transactions" [X Link](https://x.com/TheCryptoCPA/status/2021721004268011730) 2026-02-11T23:00Z 23.3K followers, [--] engagements "RT @drishtadyumn: Elon suspended this guy Satya for this simple tweet. You are telling me I should be concerned about him getting his ass" [X Link](https://x.com/TheCryptoCPA/status/2021751714655732091) 2026-02-12T01:02Z 23.3K followers, [---] engagements "RT @TheCryptoCPA: @defyneric CPA here. Wanted to add some clarity from a tax POV. [--]. No KYC CC - agree with you. I'd avoid them for the re" [X Link](https://x.com/anyuser/status/2021974693339615729) 2026-02-12T15:48Z 23.3K followers, [--] engagements "In the old model different crypto tax software gave different results and you picked the lowest tax bill. In the new model every software must give the SAME result: whatever matches your 1099-DA. You can't shop around for the "best" calculation anymore. All software must converge on the 1099-DA numbers. Pick based on ease of reconciliation not tax optimization. https://twitter.com/i/web/status/2021011295655350648 https://twitter.com/i/web/status/2021011295655350648" [X Link](https://x.com/TheCryptoCPA/status/2021011295655350648) 2026-02-10T00:00Z 23.4K followers, [----] engagements "@KobeissiLetter Now boomers know how crypto works" [X Link](https://x.com/TheCryptoCPA/status/2022096276905484591) 2026-02-12T23:51Z 23.4K followers, [---] engagements "Checking NO on the crypto question when you have a 1099-DA is the fastest way to get an IRS notice. They already know you traded. The question is a test of honesty. The IRS has your 1099-DA before you even file. Lying on this question when they have documentation is an automatic fail. https://twitter.com/i/web/status/2022098478315249967 https://twitter.com/i/web/status/2022098478315249967" [X Link](https://x.com/TheCryptoCPA/status/2022098478315249967) 2026-02-13T00:00Z 23.4K followers, 10.3K engagements "DeFi trades wallet swaps and DEX transactions will not generate any 1099-DAs. No form doesn't mean no tax. The IRS expects full reporting regardless. If you used Uniswap MetaMask or any DEX in [----] you need crypto tax software. Manual tracking of DeFi is nearly impossible. https://twitter.com/i/web/status/2022355167404822803 https://twitter.com/i/web/status/2022355167404822803" [X Link](https://x.com/TheCryptoCPA/status/2022355167404822803) 2026-02-13T17:00Z 23.4K followers, [----] engagements "Your crypto tax bill is due April 15th even if you can't access your funds. Locked in a bankrupt exchange Staked with long unlock periods Still owe taxes. So if you have gains but can't access crypto to pay set aside cash NOW. The IRS doesn't care that your funds are inaccessible. https://twitter.com/i/web/status/2022400697740705916 https://twitter.com/i/web/status/2022400697740705916" [X Link](https://x.com/TheCryptoCPA/status/2022400697740705916) 2026-02-13T20:01Z 23.4K followers, [----] engagements "The IRS doesn't care if your software is "better" at tracking transactions. They care if your Form [----] matches the 1099-DA they received from the exchange. That's the only test. Before filing your software should generate a report: "Form [----] proceeds: $X. Total 1099-DA proceeds: $X. Difference: $0." If it can't produce this report you're flying blind. https://twitter.com/i/web/status/2022460862259187998 https://twitter.com/i/web/status/2022460862259187998" [X Link](https://x.com/TheCryptoCPA/status/2022460862259187998) 2026-02-14T00:00Z 23.4K followers, 35.2K engagements "1099-DAs don't capture everything taxable. Missing from the form: stablecoin sales under $10k NFT sales under $600 wrapping transactions (ETHWETH) lending transactions and all DeFi activity. Use crypto tax software to track these missing transactions. The IRS still expects you to report them and "I didn't get a form" is not a valid excuse. https://twitter.com/i/web/status/2017689672772678062 https://twitter.com/i/web/status/2017689672772678062" [X Link](https://x.com/TheCryptoCPA/status/2017689672772678062) 2026-01-31T20:01Z 23.3K followers, [----] engagements "Only centralized exchanges issue 1099-DAs. DeFi protocols DEXs and self-custody wallets will NOT send you 1099-DAs. However no 1099-DA doesn't mean no taxes owed. Self-reporting DeFi activity is YOUR responsibility and the IRS has visibility into your DeFi activity through other tools. https://twitter.com/i/web/status/2018414442023690627 https://twitter.com/i/web/status/2018414442023690627" [X Link](https://x.com/TheCryptoCPA/status/2018414442023690627) 2026-02-02T20:01Z 23.3K followers, [----] engagements "That guy who said "just use Monero" is not going to help you when the IRS sends a love letter asking about your unreported capital gains. Privacy coins don't make you invisible to tax law. They just make your audit more interesting. Report your gains" [X Link](https://x.com/TheCryptoCPA/status/2019199357086507259) 2026-02-05T00:00Z 23.3K followers, [----] engagements "Newbies experiencing crypto in 2026" [X Link](https://x.com/TheCryptoCPA/status/2019548174319284554) 2026-02-05T23:06Z 23.3K followers, [----] engagements "@theallinpod @cz_binance @chamath Can't think of a more trustworthy duo than these gentlemen" [X Link](https://x.com/TheCryptoCPA/status/2021259849074405666) 2026-02-10T16:27Z 23.3K followers, [----] engagements "Awesome to partner up with @coinbase on 1099-DAs . Sorry for the jump scare. This is the first year the IRS is standardizing crypto tax reporting. So weve teamed up with @CoinTracker to make it easier for you. Especially with the new form Form 1099-DA. ๐งต https://t.co/UXCeH241ty . Sorry for the jump scare. This is the first year the IRS is standardizing crypto tax reporting. So weve teamed up with @CoinTracker to make it easier for you. Especially with the new form Form 1099-DA. ๐งต https://t.co/UXCeH241ty" [X Link](https://x.com/TheCryptoCPA/status/2021261037341708747) 2026-02-10T16:32Z 23.3K followers, [----] engagements "Get this deal Missing details on your form like cost basis You can reconcile all your other transactions between exchanges and wallets thanks to @CoinTracker. Coinbase users who are new to CoinTracker get 20% off all plans and Coinbase One members get up to $199 off depending on your Missing details on your form like cost basis You can reconcile all your other transactions between exchanges and wallets thanks to @CoinTracker. Coinbase users who are new to CoinTracker get 20% off all plans and Coinbase One members get up to $199 off depending on your" [X Link](https://x.com/TheCryptoCPA/status/2021261142128029870) 2026-02-10T16:33Z 23.3K followers, [----] engagements "@topcointrader @coinbase I don't think it's right for coinbase to know this. It's outside of their control. If you have a CoinTracker account we track this and send coinbase the cost basis" [X Link](https://x.com/TheCryptoCPA/status/2021317435245428825) 2026-02-10T20:16Z 23.3K followers, [--] engagements "@defyneric @camidarling Spending crypto to buy stuff is a taxable event" [X Link](https://x.com/TheCryptoCPA/status/2021612663105585261) 2026-02-11T15:49Z 23.3K followers, [---] engagements "The old crypto tax software playbook: import transactions calculate gains file. The new playbook: import transactions import 1099-DAs reconcile differences make adjustment entries then file. If your software doesn't have a dedicated 1099-DA import and reconciliation workflow it's already obsolete. You need software built for the 1099-DA era" [X Link](https://x.com/TheCryptoCPA/status/2021630377488507270) 2026-02-11T17:00Z 23.3K followers, [----] engagements "RT @coinbase: Missing details on your form like cost basis You can reconcile all your other transactions between exchanges and wallets" [X Link](https://x.com/TheCryptoCPA/status/2021631721431585189) 2026-02-11T17:05Z 23.3K followers, [--] engagements "RT @CoinTracker: What's taxable in crypto โ Selling crypto for USD โ Trading crypto to crypto (BTC ETH) โ Spending crypto on goods/serv" [X Link](https://x.com/TheCryptoCPA/status/2021651937897435266) 2026-02-11T18:25Z 23.3K followers, [--] engagements "FAQ: "What if I used a foreign exchange like You still owe U.S. taxes on those trades. Foreign exchanges don't send 1099-DAs but that doesn't exempt you. Self-report all foreign exchange activity. The IRS is actively pursuing data from offshore platforms. "They don't know" is not a strategy. It's a gamble you'll lose. http://Binance.com http://Binance.com" [X Link](https://x.com/TheCryptoCPA/status/2021675913671328008) 2026-02-11T20:01Z 23.3K followers, [---] engagements "The "I forgot I had that wallet" defense works exactly zero times with the IRS. They have blockchain explorers too" [X Link](https://x.com/TheCryptoCPA/status/2021736066504372395) 2026-02-12T00:00Z 23.3K followers, [----] engagements "RT @Divegod: nigga looks like hes about to float towards the scent of a freshly baked pie" [X Link](https://x.com/TheCryptoCPA/status/2021785292408057957) 2026-02-12T03:15Z 23.3K followers, [----] engagements "RT @BillyM2k: @TheCryptoCPA match yo shiz" [X Link](https://x.com/TheCryptoCPA/status/2021994975492526456) 2026-02-12T17:09Z 23.3K followers, [--] engagements "RT @TheCryptoCPA: The #1 thing you need to know going into crypto tax season: 1099-DAs are coming and they MUST match what you report on" [X Link](https://x.com/TheCryptoCPA/status/2021996877160529955) 2026-02-12T17:16Z 23.3K followers, [--] engagements "RT @brian_armstrong: Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get" [X Link](https://x.com/TheCryptoCPA/status/2021997519559946458) 2026-02-12T17:19Z 23.3K followers, [--] engagements "A CPA costs $1000-$3000 for crypto taxes depending on complexity. Sounds expensive until the IRS sends you a $15000 CP2000 notice because you did it wrong yourself. Get quotes from [--] crypto-specialist CPAs. Compare their pricing response time and crypto experience. The cheapest isn't always the best. https://twitter.com/i/web/status/2015877741107695726 https://twitter.com/i/web/status/2015877741107695726" [X Link](https://x.com/TheCryptoCPA/status/2015877741107695726) 2026-01-26T20:01Z 23.3K followers, 14.8K engagements "Filing crypto taxes in early February before 1099-DAs arrive is like taking a test before studying. You'll get it wrong and spend months fixing it with amendments. Mark February 15th as the earliest you'll even START your crypto taxes. 1099-DAs arrive by then. Filing before you have all the data is self-sabotage. https://twitter.com/i/web/status/2016595169374523667 https://twitter.com/i/web/status/2016595169374523667" [X Link](https://x.com/TheCryptoCPA/status/2016595169374523667) 2026-01-28T19:32Z 23.3K followers, 18.4K engagements "FAQ: "Do I need to report if I'm just holding" No. Buying and holding without selling staking or earning is not reportable. Unrealized gains aren't taxed. If you literally only bought crypto in [----] and did nothing elseno sells swaps staking earningyou can check NO on the Form [----] crypto question. https://twitter.com/i/web/status/2019456047740592469 https://twitter.com/i/web/status/2019456047740592469" [X Link](https://x.com/TheCryptoCPA/status/2019456047740592469) 2026-02-05T17:00Z 23.3K followers, [----] engagements "@defyneric Yup. Especially makes sense when the loan interest is lower than your capital gains tax rate. This is the arbitrage strategy alot of billionaires use on loans against stocks as well" [X Link](https://x.com/TheCryptoCPA/status/2021981152416768159) 2026-02-12T16:14Z 23.3K followers, [---] engagements "@TruthFromATL CoinTrcker broker portal" [X Link](https://x.com/TheCryptoCPA/status/2022375674153947143) 2026-02-13T18:21Z 23.3K followers, [--] engagements "In [----] and beyond crypto tax software is only as good as its 1099-DA reconciliation capability. Everything elseUI portfolio tracking mobile appsis secondary. Make your buying decision based on ONE criterion: "Show me exactly how your software reconciles my transactions with my 1099-DAs and generates matching Form [----] entries." If they can't demo this walk away. https://twitter.com/i/web/status/2022717551592059358 https://twitter.com/i/web/status/2022717551592059358" [X Link](https://x.com/TheCryptoCPA/status/2022717551592059358) 2026-02-14T17:00Z 23.4K followers, [----] engagements "@Kalshi The traders" [X Link](https://x.com/TheCryptoCPA/status/2022748931013177814) 2026-02-14T19:05Z 23.4K followers, [---] engagements "Everyone's mad about government spending & fraud right now. Fair. But not filing your taxes is the worst financial decision you can make in protest. You already paid taxes through withholding and estimated payments. Without filing that money stays with the government permanently. Your crypto losses Worthless without a return. Your credits Gone. The smartest thing you can do right now is file accurately claim everything you're owed and keep your own money. https://twitter.com/i/web/status/2021994407348596810 https://twitter.com/i/web/status/2021994407348596810" [X Link](https://x.com/TheCryptoCPA/status/2021994407348596810) 2026-02-12T17:06Z 23.4K followers, [---] engagements "It's normal that casinos provide free drinks and now food. Thousands of people showed up for their free Kalshi groceries What an incredible day https://t.co/QEs7TzevM9 Thousands of people showed up for their free Kalshi groceries What an incredible day https://t.co/QEs7TzevM9" [X Link](https://x.com/TheCryptoCPA/status/2022510929393410110) 2026-02-14T03:19Z 23.4K followers, [----] engagements "Coinbase has pushed 1099-DA issuance to mid-March for some users. Translation: If you file in February without it you are basically blind-filing against what the IRS already knows. One mismatch on proceeds = a letter in the mail. Patience pays. Wait match file clean" [X Link](https://x.com/TheCryptoCPA/status/2022719497719943535) 2026-02-14T17:08Z 23.4K followers, 20.2K engagements "Your family CPA who does your parents' W-2s probably doesn't understand liquidity pools. Crypto needs crypto-specialist CPAs. They charge 2-3x more but save you 10x in mistakes" [X Link](https://x.com/TheCryptoCPA/status/2022763102882636277) 2026-02-14T20:01Z 23.4K followers, [----] engagements "Taxes on unrealized gains is punishment for being successful. BREAKING: Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks crypto and bonds. BREAKING: Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks crypto and bonds" [X Link](https://x.com/TheCryptoCPA/status/2022776216839950512) 2026-02-14T20:53Z 23.4K followers, 10.2K engagements "Transferring crypto between your own wallets is NOT reportable and you can check NO on the crypto tax question. But if you did ANYTHING else (sold swapped earned) check YES" [X Link](https://x.com/TheCryptoCPA/status/2016602518634012729) 2026-01-28T20:01Z 23.4K followers, 42.4K engagements "@BillyM2k Tired of winning tbh" [X Link](https://x.com/TheCryptoCPA/status/2019498082417975653) 2026-02-05T19:47Z 23.4K followers, [----] engagements "Most people will see "unknown" for cost basis in [----] because they moved crypto between platforms. Exchanges can only report basis for coins bought AND sold on their platform. Action: Use crypto tax software to find the missing cost basis" [X Link](https://x.com/TheCryptoCPA/status/2019818461250101402) 2026-02-06T17:00Z 23.4K followers, [----] engagements "It's very funny when people say they are not gonna pay taxes. You have already paid taxes for the [----] year and keep paying taxes on each paycheck" [X Link](https://x.com/TheCryptoCPA/status/2021690987303542893) 2026-02-11T21:01Z 23.4K followers, [---] engagements "@aibra @defyneric If you default on the loan that will trigger a liquidation of assets which will lead to taxable income" [X Link](https://x.com/TheCryptoCPA/status/2021980005798973539) 2026-02-12T16:09Z 23.3K followers, [--] engagements "Buying a house is so stupid rn. US RENTS FALL 1.4% YoY FOR 32ND STRAIGHT MONTH; RENTING CHEAPER THAN MORTGAGES ACROSS ALL TOP [--] METROS US RENTS FALL 1.4% YoY FOR 32ND STRAIGHT MONTH; RENTING CHEAPER THAN MORTGAGES ACROSS ALL TOP [--] METROS" [X Link](https://x.com/TheCryptoCPA/status/2021989872878465316) 2026-02-12T16:48Z 23.4K followers, [----] engagements "FAQ: "Do I report crypto if I made under $600" Yes. There's no minimum threshold for reporting capital gains. Even $1 in gains is technically reportable. Report all gains regardless of amount. The $600 threshold applies to 1099-MISC reporting requirements for exchanges not your personal tax obligation https://twitter.com/i/web/status/2022038330972508397 https://twitter.com/i/web/status/2022038330972508397" [X Link](https://x.com/TheCryptoCPA/status/2022038330972508397) 2026-02-12T20:01Z 23.4K followers, [----] engagements "Heads up crypto investors The IRS is making BIG changes starting Jan [--] [----] and if you dont prep now you could pay more in taxes or face penalties. Heres what you need to do before the year-end to avoid penalties save money and stay ahead of the game. ๐งต" [X Link](https://x.com/anyuser/status/1868377491129196970) 2024-12-15T19:28Z 23.4K followers, 895K engagements "Not downloading your crypto tax software reports as PDFs means you have no backup if the company shuts down or your subscription expires. After generating your final tax forms download and save PDFs of Form [----] Schedule D and the transaction detail report. Store them outside the software in cloud storage or external drive" [X Link](https://x.com/TheCryptoCPA/status/2021268032811594237) 2026-02-10T17:00Z 23.4K followers, [----] engagements "CPA here. Wanted to add some clarity from a tax POV. [--]. No KYC CC - agree with you. I'd avoid them for the reasons you mentioned. [--]. P2P - this is still taxable to the person who's offramping crypto although enforcement may be challenging. [--]. Crypto credit cards - when the app pays off the balance using your crypto that unfortunately triggers a taxable event for you. [--]. Loans - if structured correctly loan proceeds are not taxable. But you have to pay interest as you pointed out. If you do not pay back the loan that is a taxable event. [--]. TG P2P - again taxable when you dispose of your" [X Link](https://x.com/TheCryptoCPA/status/2021614960497848456) 2026-02-11T15:59Z 23.4K followers, [----] engagements "Safe harbor allocation is something you guys should do even if you missed the deadline (most people did miss the deadline) @TheCryptoCPA And don't forget the safe harbor re-allocation ๐ต๐ซ What a fun year haha @TheCryptoCPA And don't forget the safe harbor re-allocation ๐ต๐ซ What a fun year haha" [X Link](https://x.com/TheCryptoCPA/status/2021980659783180658) 2026-02-12T16:12Z 23.4K followers, [----] engagements "This blew up Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get you all the tools you need to make the process as easy as possible Pay your taxes folks. Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get you all the tools you need to make the process as easy as possible Pay your taxes folks" [X Link](https://x.com/TheCryptoCPA/status/2021989354462491122) 2026-02-12T16:46Z 23.4K followers, [----] engagements "Trying to do crypto taxes using Chatgpt cz "AI can do anything"" [X Link](https://x.com/TheCryptoCPA/status/2022000097605648521) 2026-02-12T17:29Z 23.4K followers, [----] engagements "@CryptoTaxSucks Small correction: coinbase will share cost basis information when they have that information internally or users share that information to them via @CoinTracker" [X Link](https://x.com/TheCryptoCPA/status/2022091150937424325) 2026-02-12T23:31Z 23.4K followers, [---] engagements "@GreymonQueen I'm not sure untill you connect all the sources into a crypto tax software and calculate the real gain or loss" [X Link](https://x.com/TheCryptoCPA/status/2022346582285222203) 2026-02-13T16:26Z 23.4K followers, [---] engagements "@FullMetalTrav @ModomSolutions It will starting [----] TY" [X Link](https://x.com/TheCryptoCPA/status/2022505492593983615) 2026-02-14T02:57Z 23.4K followers, [---] engagements "@Mike5starLife There's an extension to the general deadline. Coinbase is taking it. I am sure others will too if they have to" [X Link](https://x.com/TheCryptoCPA/status/2022723983637193051) 2026-02-14T17:25Z 23.4K followers, [----] engagements "@DIYSolarReady1 @Mike5starLife You can get a [--] day extension" [X Link](https://x.com/TheCryptoCPA/status/2022777124604776937) 2026-02-14T20:57Z 23.4K followers, [--] engagements "Web [---] - Read-only. Web [---] - Read & write. Web [---] - Read write & own" [X Link](https://x.com/TheCryptoCPA/status/1457014965940916234) 2021-11-06T16:00Z 23.3K followers, [----] engagements "The IRS will make more money from crypto than anybody else" [X Link](https://x.com/anyuser/status/1458872211339714564) 2021-11-11T19:00Z 23.4K followers, [----] engagements "Discipline creates opportunity" [X Link](https://x.com/TheCryptoCPA/status/1458917454114181129) 2021-11-11T22:00Z 23.3K followers, [---] engagements "Crypto is the place where everyone feels late when they arrive" [X Link](https://x.com/TheCryptoCPA/status/1459279987597533187) 2021-11-12T22:00Z 23.3K followers, [----] engagements "2022: "Media: bitcoin crashed down to $100000"" [X Link](https://x.com/anyuser/status/1459566773670498307) 2021-11-13T17:00Z 23.4K followers, [---] engagements "You are rich when you have money. You are wealthy when you have time" [X Link](https://x.com/anyuser/status/1460034815756021764) 2021-11-15T00:00Z 23.4K followers, [---] engagements "With money you can buy a clock not time. With money you can buy a house not a home. With money you can buy a doctor not health" [X Link](https://x.com/anyuser/status/1462103464285196296) 2021-11-20T17:00Z 23.4K followers, [---] engagements "What you want in life is to be in control of your time" [X Link](https://x.com/TheCryptoCPA/status/1463583226178457610) 2021-11-24T19:00Z 23.3K followers, [---] engagements "Finding a crypto-savvy accountant is harder than finding the next 100X coin" [X Link](https://x.com/anyuser/status/1468619338072477697) 2021-12-08T16:31Z 23.4K followers, [---] engagements "I disappointed Elon" [X Link](https://x.com/anyuser/status/1469042383648006146) 2021-12-09T20:32Z 23.4K followers, [---] engagements "Success is having freedom to focus on the grind you actually enjoy" [X Link](https://x.com/anyuser/status/1469396667640205316) 2021-12-10T20:00Z 23.4K followers, [---] engagements "Planning to write a thread on crypto accountants. Who are "crypto accountants" Do you need one If so when How to pick one What can an accountant actually do for you What should you not expect from a CPA How does pricing work Any other questions" [X Link](https://x.com/TheCryptoCPA/status/1470539783197782017) 2021-12-13T23:43Z 23.3K followers, [---] engagements "First-time crypto buyer doing due diligence on the next 100X coin recommend by a Youtuber" [X Link](https://x.com/anyuser/status/1470597905228578816) 2021-12-14T03:33Z 23.4K followers, [---] engagements "Cash is more untraceable than any privacy coin" [X Link](https://x.com/anyuser/status/1471993760255033345) 2021-12-18T00:00Z 23.4K followers, [---] engagements "Web [--] is people getting sick of Web [--] & [--] and doing everything offline" [X Link](https://x.com/anyuser/status/1474062401939124231) 2021-12-23T17:00Z 23.4K followers, [---] engagements "Do you need a special "Crypto accountant" to file your taxes ๐ (Disclaimer: I don't practice anymore. I have nothing to gain from this thread other than telling you the truth)" [X Link](https://x.com/anyuser/status/1477405120253992963) 2022-01-01T22:23Z 23.4K followers, [---] engagements "The IRS will make more money from crypto than anybody else" [X Link](https://x.com/anyuser/status/1478818800090890240) 2022-01-05T20:00Z 23.4K followers, [---] engagements "IRS is going to advertise crypto to 150M+ Americans starting January 24th" [X Link](https://x.com/TheCryptoCPA/status/1481778143249813505) 2022-01-14T00:00Z 23.3K followers, [---] engagements "Everything you need to know about Tax-loss harvesting and how much you can deduct on your taxes ๐" [X Link](https://x.com/anyuser/status/1484971491024248833) 2022-01-22T19:29Z 23.4K followers, [---] engagements "The best tax tool you can get is a CPA that trades crypto ๐" [X Link](https://x.com/TheCryptoCPA/status/1487470626638024708) 2022-01-29T17:00Z 23.3K followers, [---] engagements "Finding a crypto-savvy accountant is harder than finding the next 100X coin" [X Link](https://x.com/anyuser/status/1488965475077955589) 2022-02-02T20:00Z 23.4K followers, [---] engagements "BREAKING: IRS has decided not to tax staking income at the time of receipt - reported by Blockworks. We don't know the specifics yet until we see the actual court ruling tomorrow. But I'm hopeful Stay tuned for a detailed thread tomorrow. https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/ https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/" [X Link](https://x.com/anyuser/status/1489041343720656898) 2022-02-03T01:01Z 23.4K followers, [---] engagements "Your passive staking rewards may not be taxed at the time of receipt. Let me explain the facts where we are now and what to expect next. ๐" [X Link](https://x.com/anyuser/status/1489268205877035016) 2022-02-03T16:03Z 23.4K followers, [---] engagements "Web 2.0: Taxes are mandatory. Web 3.0: Taxes are optional" [X Link](https://x.com/TheCryptoCPA/status/1490136632460201988) 2022-02-06T01:33Z 23.3K followers, [---] engagements "#Bitcoin is the worst asset to evade taxes. All your records are permanently recorded on the blockchain" [X Link](https://x.com/anyuser/status/1506707384722505742) 2022-03-23T19:00Z 23.4K followers, [---] engagements "Why call it a tax when it's a penalty for being successful" [X Link](https://x.com/TheCryptoCPA/status/1508483046495895558) 2022-03-28T16:35Z 23.3K followers, [---] engagements "When #btc hits 25K" [X Link](https://x.com/TheCryptoCPA/status/1523694373820588032) 2022-05-09T16:00Z 23.3K followers, [---] engagements "Bitcoin CEO remains silent" [X Link](https://x.com/TheCryptoCPA/status/1590988171818541058) 2022-11-11T08:41Z 23.3K followers, [---] engagements "According to the IRS interpretation of the law staking rewards are taxable upon receipt. On 1/20/23 the IRS updated its Digital Assets page to reflect this. You should also check "Yes" for the crypto question if you receive any staking rewards" [X Link](https://x.com/TheCryptoCPA/status/1617666138292490241) 2023-01-23T23:30Z 23.3K followers, 90.8K engagements "How to figure out your tax rate for crypto profits (Bonus: [--] easy tax-saving tips at the end) More details ๐ 1/ If you sell coins that you held for less than [--] months (short-term) your gains are subject to ordinary income taxes. Tax rates range from 10% to 37% for 2023" [X Link](https://x.com/TheCryptoCPA/status/1743390572860035237) 2024-01-05T21:54Z 23.3K followers, 20.7K engagements "Here's your IRS tax bill on a 1M #BTC cash out. Scenario: - You live in a state with no state income taxes like TX. - Assume you only have the BTC gain in [----] for simplicity. - You held the coins for at least [--] year before selling in [----]. Cost basis = 200K. - You are married" [X Link](https://x.com/anyuser/status/1767213172585365597) 2024-03-11T15:37Z 23.4K followers, 80.4K engagements "@bryan_johnson [----] you looked more human than ever" [X Link](https://x.com/anyuser/status/1777795806780608538) 2024-04-09T20:28Z 23.4K followers, 90.4K engagements "@TheJackForge Last thing you see before you lose PMF" [X Link](https://x.com/TheCryptoCPA/status/1779968312383783119) 2024-04-15T20:21Z 23.3K followers, 33.6K engagements "Think you can hide your crypto gains from the IRS ๐ค A Bitcoin investor just got sentenced to [--] years in prison for false reporting. Here's what happenedand what you need to know to stay out of trouble ๐งต" [X Link](https://x.com/anyuser/status/1867639931457380857) 2024-12-13T18:37Z 23.4K followers, 712.3K engagements "1/ Learn Crypto tax [---]. Whats taxable โ Selling crypto for fiat โ Trading one coin for another โ Spending crypto on goods/services โ Earning crypto (staking mining rewards etc.) โ Airdrops & hard forks If you had any of these transactions you will likely have to file Form 8949/Schedule D and/or Schedule [--] when you file your taxes" [X Link](https://x.com/anyuser/status/1868377494753095988) 2024-12-15T19:28Z 23.4K followers, 105.5K engagements "2/ Use a crypto tax software tool. Most crypto exchanges wont send you any tax forms like stock brokers. But you are still responsible for accurately calculating and reporting gains/losses to the IRS. Use a tool like @CoinTracker to: Connect all your wallets & exchanges (Read-only access) Automatically reconcile gains/losses Generate the right tax forms (Form 8949/ Schedule D and Schedule 1). (It's virtually impossible to compute your gains/losses without a crypto tax tool)" [X Link](https://x.com/anyuser/status/1868377500901937308) 2024-12-15T19:28Z 23.4K followers, 92.2K engagements "Heads up: If you dont confirm your accounting method (HIFO LIFO etc.) on each CeFi exchange before 1/1/26 you will be defaulted to FIFO under the new 1099-DA rules. Go into your exchange settings and choose your method most traders will benefit from HIFO" [X Link](https://x.com/TheCryptoCPA/status/1996637804919689416) 2025-12-04T17:48Z 23.4K followers, 14.4K engagements "Heads up crypto investors The IRS is making BIG changes starting Jan [--] [----] and if you dont prep now you could pay more in taxes or face penalties. Heres what you need to do before the year-end to avoid penalties save money and stay ahead of the game. ๐งต" [X Link](https://x.com/anyuser/status/1868377491129196970) 2024-12-15T19:28Z 23.4K followers, 895K engagements "Web [---] - Read-only. Web [---] - Read & write. Web [---] - Read write & own" [X Link](https://x.com/TheCryptoCPA/status/1457014965940916234) 2021-11-06T16:00Z 23.3K followers, [----] engagements "Crypto is the place where everyone feels late when they arrive" [X Link](https://x.com/TheCryptoCPA/status/1459279987597533187) 2021-11-12T22:00Z 23.3K followers, [----] engagements "Dave Ramsey math to become a millionaire by [--]. - Pay off your 1.5% mortgage. - Pay off your 0.9% car loan. - Buy a 2K used car so you can have 10K of repairs. - Use debit cards not credit cards. - Don't allocate even a tiny bit to #btc - Make coffee at home" [X Link](https://x.com/anyuser/status/1768315978838872067) 2024-03-14T16:39Z 23.4K followers, 287.4K engagements "Breaking: The IRS just issued a temporary relief notice that is good news for crypto holders interacting with CeFi exchanges in [----] TEMPORARY RELIEF UNDER SECTION 1.1012-1(j)(3)(ii ๐งต" [X Link](https://x.com/anyuser/status/1874184460507496788) 2024-12-31T20:02Z 23.4K followers, 542.2K engagements "Bitcoin is backed by " [X Link](https://x.com/anyuser/status/1867298775850504624) 2024-12-12T20:01Z 23.4K followers, 468.9K engagements "Think you can hide your crypto gains from the IRS ๐ค A Bitcoin investor just got sentenced to [--] years in prison for false reporting. Here's what happenedand what you need to know to stay out of trouble ๐งต" [X Link](https://x.com/anyuser/status/1867639931457380857) 2024-12-13T18:37Z 23.4K followers, 712.3K engagements "Honest question: have you seen use cases for SOL network other than launching meme coins" [X Link](https://x.com/anyuser/status/1882168934151094552) 2025-01-22T20:50Z 23.4K followers, 240.2K engagements "The IRS will make more money from crypto than anybody else" [X Link](https://x.com/anyuser/status/1458872211339714564) 2021-11-11T19:00Z 23.4K followers, [----] engagements "If you ever feel bad just know that one of my clients lost 2B worth of BTC. He/she can see the balance on the wallet but no private key" [X Link](https://x.com/TheCryptoCPA/status/1339691981623193602) 2020-12-17T22:00Z 23.3K followers, [----] engagements "A few hours ago the IRS released the highly-anticipated & controversial DeFi regulations. If you are in DeFi big changes are coming and heres what you need to know ๐งต" [X Link](https://x.com/anyuser/status/1872714538564632804) 2024-12-27T18:41Z 23.4K followers, 350.8K engagements "Getting a loan against your appreciated coins is a viable option to get liquidity without triggering a capital gains event. But you will have to pay capital gains taxes if you make more profits from the loan proceeds" [X Link](https://x.com/anyuser/status/1469034243116384269) 2021-12-09T20:00Z 23.4K followers, [----] engagements "20% unrealized gain tax is the most aggressive tax policy I have ever seen" [X Link](https://x.com/TheCryptoCPA/status/1508881719499370498) 2022-03-29T19:00Z 23.3K followers, [----] engagements "I don't think crypto will be pseudo-anonymous or privacy-preserving anymore at least in the US. Yesterday the IRS issued the long-awaited draft Form 1099-DA the first tax form specifically designed to collect your ID and detailed transaction data at scale from "brokers". Brokers (CeFi exchanges certain DeFi exchanges and wallets) will be required to generate this form for each sale transaction and submit that info to the IRS and you (similar to stock brokers) starting 1/1/2025" [X Link](https://x.com/anyuser/status/1781403340045197813) 2024-04-19T19:23Z 23.4K followers, 534.1K engagements "You are paid by how hard you are to replace. Not by how hard you work" [X Link](https://x.com/TheCryptoCPA/status/1413271731268096000) 2021-07-08T23:00Z 23.3K followers, [----] engagements "With money you can buy a clock not time. With money you can buy a house not a home. With money you can buy a doctor not health" [X Link](https://x.com/anyuser/status/1462103464285196296) 2021-11-20T17:00Z 23.4K followers, [---] engagements "The IRS will make more money from crypto than anybody else" [X Link](https://x.com/anyuser/status/1478818800090890240) 2022-01-05T20:00Z 23.4K followers, [---] engagements "First-time crypto buyer doing due diligence on the next 100X coin recommend by a Youtuber" [X Link](https://x.com/anyuser/status/1470597905228578816) 2021-12-14T03:33Z 23.4K followers, [---] engagements "Why call it a tax when it's a penalty for being successful" [X Link](https://x.com/TheCryptoCPA/status/1508483046495895558) 2022-03-28T16:35Z 23.3K followers, [---] engagements "You are paid by how hard you are to replace. Not by how hard you work" [X Link](https://x.com/TheCryptoCPA/status/1420881869642534914) 2021-07-29T23:00Z 23.3K followers, [---] engagements "Sometimes saving taxes on crypto is very easy. Step 1: Buy crypto. Step 2: Wait at least [--] year. Step 3: Sell. The tax rate goes from 37% to 15%" [X Link](https://x.com/anyuser/status/1868486111569531026) 2024-12-16T02:39Z 23.4K followers, 43.7K engagements "Bitcoin CEO remains silent" [X Link](https://x.com/TheCryptoCPA/status/1590988171818541058) 2022-11-11T08:41Z 23.3K followers, [---] engagements "How do I report SEC to the SEC for manipulating markets. Lol" [X Link](https://x.com/TheCryptoCPA/status/1744836663912600017) 2024-01-09T21:40Z 23.3K followers, 136.1K engagements "When #btc hits 25K" [X Link](https://x.com/TheCryptoCPA/status/1523694373820588032) 2022-05-09T16:00Z 23.3K followers, [---] engagements "Several crypto lending/yield platforms froze or limited withdrawals due to the recent crypto crash and liquidity crunch. If your funds become totally irrecoverable you may be eligible to write them off as a Nonbusiness bad debt (166(a)(d)) on your taxes. How it works ๐" [X Link](https://x.com/anyuser/status/1543041407614533632) 2022-07-02T01:18Z 23.4K followers, [----] engagements "How billionaires pay little to no taxes in the US ๐ Step 1: Know the tax rules Tax 101: Income is taxed at the time of receipt. Wealth is not taxed at the time of receipt. It gets taxed only when you sell. Income = Wages Wealth = Appreciated stocks crypto & assets" [X Link](https://x.com/anyuser/status/1403020159183249413) 2021-06-10T16:04Z 23.4K followers, [---] engagements "Meta will always be "Facebook". Sorry" [X Link](https://x.com/TheCryptoCPA/status/1488326766787805189) 2022-02-01T01:42Z 23.3K followers, [---] engagements "Receiving an NFT as a gift is not taxable to the recipient. The recipient pays taxes only when he/she sells it" [X Link](https://x.com/anyuser/status/1432433028291338243) 2021-08-30T20:00Z 23.4K followers, [---] engagements "@bryan_johnson [----] you looked more human than ever" [X Link](https://x.com/anyuser/status/1777795806780608538) 2024-04-09T20:28Z 23.4K followers, 90.4K engagements "If you tax unrealized gains allow deducting unrealized losses" [X Link](https://x.com/anyuser/status/1452663486576828418) 2021-10-25T15:48Z 23.3K followers, [---] engagements "Success is having freedom to focus on the grind you actually enjoy" [X Link](https://x.com/anyuser/status/1469396667640205316) 2021-12-10T20:00Z 23.4K followers, [---] engagements "Wealth is stored time" [X Link](https://x.com/anyuser/status/1462903720010727425) 2021-11-22T22:00Z 23.4K followers, [---] engagements "Cash is more untraceable than any privacy coin" [X Link](https://x.com/anyuser/status/1471993760255033345) 2021-12-18T00:00Z 23.4K followers, [---] engagements "@CGasparino @twobitidiot @FoxBusiness @SECGov Can someone help https://x.com/TheCryptoCPA/status/1744836663912600017t=_9flRqaqZpMUGUVFvtNr3g&s=19 How do I report SEC to the SEC for manipulating markets. Lol https://x.com/TheCryptoCPA/status/1744836663912600017t=_9flRqaqZpMUGUVFvtNr3g&s=19 How do I report SEC to the SEC for manipulating markets. Lol" [X Link](https://x.com/anyuser/status/1744842454191251743) 2024-01-09T22:03Z 23.3K followers, 91.3K engagements "Discipline creates opportunity" [X Link](https://x.com/TheCryptoCPA/status/1458917454114181129) 2021-11-11T22:00Z 23.3K followers, [---] engagements "Rewards received from crypto debit/credit cards are not taxable. This is because cash/crypto back is considered not income. It's an adjustment to the purchase price. - FAQ-" [X Link](https://x.com/anyuser/status/1448317719305244673) 2021-10-13T16:00Z 23.4K followers, [---] engagements "Finding a crypto-savvy accountant is harder than finding the next 100X coin" [X Link](https://x.com/anyuser/status/1468619338072477697) 2021-12-08T16:31Z 23.4K followers, [---] engagements "You will get different types of tax reports (1099-MISC 1099-B 1099-K Transaction report) from crypto exchanges this year. Here's what they mean and how to avoid overpaying taxes ๐" [X Link](https://x.com/anyuser/status/1487575114296135684) 2022-01-29T23:55Z 23.4K followers, [---] engagements "Everything you need to know about Tax-loss harvesting and how much you can deduct on your taxes ๐" [X Link](https://x.com/anyuser/status/1484971491024248833) 2022-01-22T19:29Z 23.4K followers, [---] engagements "You can be twice as rich by deciding you need half as much" [X Link](https://x.com/anyuser/status/1460291850829447178) 2021-11-15T17:01Z 23.4K followers, [---] engagements "The best tax tool you can get is a CPA that trades crypto ๐" [X Link](https://x.com/TheCryptoCPA/status/1487470626638024708) 2022-01-29T17:00Z 23.3K followers, [---] engagements "You are rich when you have money. You are wealthy when you have time" [X Link](https://x.com/anyuser/status/1460034815756021764) 2021-11-15T00:00Z 23.4K followers, [---] engagements "@RyanSAdams This only applies to businesses accepting crypto. Not individuals. ๐" [X Link](https://x.com/anyuser/status/1742259102347038827) 2024-01-02T18:58Z 23.4K followers, 38.6K engagements "You are rich when you have money. You are wealthy when you have time" [X Link](https://x.com/anyuser/status/1404468676464726016) 2021-06-14T16:00Z 23.4K followers, [---] engagements "You are rich when you have money. You are wealthy when you have time" [X Link](https://x.com/anyuser/status/1478456347549216768) 2022-01-04T20:00Z 23.4K followers, [---] engagements "Do you need a special "Crypto accountant" to file your taxes ๐ (Disclaimer: I don't practice anymore. I have nothing to gain from this thread other than telling you the truth)" [X Link](https://x.com/anyuser/status/1477405120253992963) 2022-01-01T22:23Z 23.4K followers, [---] engagements "Finding a crypto-savvy accountant is harder than finding the next 100X coin" [X Link](https://x.com/anyuser/status/1488965475077955589) 2022-02-02T20:00Z 23.4K followers, [---] engagements "You can be twice as rich by deciding you need half as much" [X Link](https://x.com/anyuser/status/1436389220357128192) 2021-09-10T18:00Z 23.4K followers, [---] engagements "IRS gonna make more money from crypto than anybody else in the next [--] years" [X Link](https://x.com/anyuser/status/1443971140419035139) 2021-10-01T16:08Z 23.4K followers, [---] engagements "IRS is more bullish on crypto than anybody else. Few understand this" [X Link](https://x.com/TheCryptoCPA/status/1444693916259860489) 2021-10-03T16:00Z 23.3K followers, [---] engagements "Hodling is the most powerful investment strategy" [X Link](https://x.com/TheCryptoCPA/status/1453828959741923329) 2021-10-28T21:00Z 23.3K followers, [---] engagements "Who grew up here as a child" [X Link](https://x.com/anyuser/status/1769886639805874641) 2024-03-19T00:40Z 23.3K followers, 27.8K engagements "1/ Learn Crypto tax [---]. Whats taxable โ Selling crypto for fiat โ Trading one coin for another โ Spending crypto on goods/services โ Earning crypto (staking mining rewards etc.) โ Airdrops & hard forks If you had any of these transactions you will likely have to file Form 8949/Schedule D and/or Schedule [--] when you file your taxes" [X Link](https://x.com/anyuser/status/1868377494753095988) 2024-12-15T19:28Z 23.4K followers, 105.5K engagements "What you want in life is to be in control of your time" [X Link](https://x.com/TheCryptoCPA/status/1463583226178457610) 2021-11-24T19:00Z 23.3K followers, [---] engagements "Rewards received from crypto debit/credit cards are not taxable. This is because cash/crypto back is considered not income. It's an adjustment to the purchase price. - FAQ-" [X Link](https://x.com/anyuser/status/1384897720758984709) 2021-04-21T15:52Z 23.4K followers, [---] engagements "I disappointed Elon" [X Link](https://x.com/anyuser/status/1469042383648006146) 2021-12-09T20:32Z 23.4K followers, [---] engagements "SEC announces they decided not to ban something they can't ban in the first place" [X Link](https://x.com/anyuser/status/1445497180400226308) 2021-10-05T21:12Z 23.4K followers, [---] engagements "Alaska Florida Nevada South Dakota Texas Washington Wyoming - states with no income taxes. If you cash out crypto or NFTs there you automatically save 5% - 15% of your total tax bill" [X Link](https://x.com/anyuser/status/1448680271247773698) 2021-10-14T16:01Z 23.4K followers, [---] engagements "IRS is NOT delaying your obligation to report taxable crypto transactions on your taxes" [X Link](https://x.com/anyuser/status/1874873543483117635) 2025-01-02T17:41Z 23.4K followers, 28.1K engagements "Every fintech app will have to care about crypto soon or they will be yahood soon" [X Link](https://x.com/anyuser/status/1444437192185720833) 2021-10-02T23:00Z 23.4K followers, [---] engagements "2/ Use a crypto tax software tool. Most crypto exchanges wont send you any tax forms like stock brokers. But you are still responsible for accurately calculating and reporting gains/losses to the IRS. Use a tool like @CoinTracker to: Connect all your wallets & exchanges (Read-only access) Automatically reconcile gains/losses Generate the right tax forms (Form 8949/ Schedule D and Schedule 1). (It's virtually impossible to compute your gains/losses without a crypto tax tool)" [X Link](https://x.com/anyuser/status/1868377500901937308) 2024-12-15T19:28Z 23.4K followers, 92.2K engagements "This duo can bring in more people into #BTC than institutions" [X Link](https://x.com/TheCryptoCPA/status/1345828865000812545) 2021-01-03T20:26Z 23.3K followers, [---] engagements "The $1.2 trillion infrastructure bill was just passed by the House and is heading for Biden's signature. What does this mean for crypto holders ๐" [X Link](https://x.com/TheCryptoCPA/status/1456843501048586243) 2021-11-06T04:38Z 23.3K followers, [---] engagements "IRS is going to advertise crypto to 150M+ Americans starting January 24th" [X Link](https://x.com/TheCryptoCPA/status/1481778143249813505) 2022-01-14T00:00Z 23.3K followers, [---] engagements "Considering tax heavens and renouncing citizenship when your [---] #BTC portfolio 2X" [X Link](https://x.com/anyuser/status/1757787619881005182) 2024-02-14T15:23Z 23.4K followers, 18.6K engagements "Check out the crypto tax session we did at @Google below ๐@talksatgoogle @CoinTracker #cryptotaxes #taxtwitter https://bit.ly/2YKViu5 https://bit.ly/2YKViu5" [X Link](https://x.com/anyuser/status/1205709940763090944) 2019-12-14T04:43Z 23.4K followers, [---] engagements "What happens when you hodle for 20+ years" [X Link](https://x.com/TheCryptoCPA/status/1474191426443382786) 2021-12-24T01:33Z 23.3K followers, [---] engagements "BREAKING: Cryptocurrency purchases made in USD are not subject to any type of IRS reporting - per updated FAQs as of March [--] 2021" [X Link](https://x.com/anyuser/status/1366918289880985602) 2021-03-03T01:08Z 23.4K followers, [---] engagements "Gifting crypto to someone is NOT taxable. Receiving a crypto gift is NOT taxable. However you need to disclose to the IRS if you gift someone more than 18K of crypto" [X Link](https://x.com/anyuser/status/1872734591770898745) 2024-12-27T20:01Z 23.4K followers, 23.8K engagements "Web 2.0: Taxes are mandatory. Web 3.0: Taxes are optional" [X Link](https://x.com/TheCryptoCPA/status/1490136632460201988) 2022-02-06T01:33Z 23.3K followers, [---] engagements "Here's your IRS tax bill on a 1M #BTC cash out. Scenario: - You live in a state with no state income taxes like TX. - Assume you only have the BTC gain in [----] for simplicity. - You held the coins for at least [--] year before selling in [----]. Cost basis = 200K. - You are married" [X Link](https://x.com/anyuser/status/1767213172585365597) 2024-03-11T15:37Z 23.4K followers, 80.4K engagements "@APompliano" [X Link](https://x.com/TheCryptoCPA/status/1346846897634476033) 2021-01-06T15:51Z 23.3K followers, [---] engagements "He/she received BTC in [----] as a refund from an overseas vendor. Long story" [X Link](https://x.com/TheCryptoCPA/status/1339700917608861697) 2020-12-17T22:36Z 23.3K followers, [---] engagements "According to the IRS interpretation of the law staking rewards are taxable upon receipt. On 1/20/23 the IRS updated its Digital Assets page to reflect this. You should also check "Yes" for the crypto question if you receive any staking rewards" [X Link](https://x.com/TheCryptoCPA/status/1617666138292490241) 2023-01-23T23:30Z 23.3K followers, 90.8K engagements "3/ If you're into crypto report your earnings honestly. Using crypto tax software or working with a CPA can save you from serious trouble later. Remember that crypto is the worst asset class to evade taxes because your transactions are permanently recorded on the blockchain" [X Link](https://x.com/anyuser/status/1867639937958654056) 2024-12-13T18:37Z 23.4K followers, 68.2K engagements "#Bitcoin is the worst asset to evade taxes. All your records are permanently recorded on the blockchain" [X Link](https://x.com/anyuser/status/1506707384722505742) 2022-03-23T19:00Z 23.4K followers, [---] engagements "@TheJackForge Last thing you see before you lose PMF" [X Link](https://x.com/TheCryptoCPA/status/1779968312383783119) 2024-04-15T20:21Z 23.3K followers, 33.6K engagements "How to be a millionaire Pay unrealized gains taxes as a billionaire" [X Link](https://x.com/anyuser/status/1454146124302987268) 2021-10-29T18:00Z 23.4K followers, [---] engagements "Whats NOT taxable ๐ซ Transfers between your wallets & exchange accounts ๐ซ Sending/receiving crypto gifts ๐ซ Crypto cash-back rewards You still need to track these even though you don't have to report these to the IRS" [X Link](https://x.com/anyuser/status/1868377497923883225) 2024-12-15T19:28Z 23.4K followers, 92K engagements "Where the hell is "crypto czar" David Sachs Seriously" [X Link](https://x.com/anyuser/status/1881111762986295348) 2025-01-19T22:49Z 23.4K followers, 35.4K engagements "How billionaires pay little to no taxes in the US ๐ (Buy Borrow & Die strategy) Step 1: Know the key tax rules. Tax 101: Income is taxed at the time of receipt. Wealth is not taxed at the time of receipt. It gets taxed only when you sell. Income = Wages. Wealth = Appreciated stocks crypto & other assets" [X Link](https://x.com/anyuser/status/1758529114460299526) 2024-02-16T16:29Z 23.4K followers, 37.5K engagements "@beffjezos "I was arrested.as a millionaire"" [X Link](https://x.com/TheCryptoCPA/status/1765742238431130069) 2024-03-07T14:12Z 23.3K followers, 14.7K engagements "BREAKING: IRS has decided not to tax staking income at the time of receipt - reported by Blockworks. We don't know the specifics yet until we see the actual court ruling tomorrow. But I'm hopeful Stay tuned for a detailed thread tomorrow. https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/ https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/" [X Link](https://x.com/anyuser/status/1489041343720656898) 2022-02-03T01:01Z 23.4K followers, [---] engagements "Furthermore in the new draft Form 1099-DA the IRS has included unhosted wallet provider as a check box. This further signals the IRSs intention to include unhosted wallets under the broker definition despite the industry feedback. What does this mean to you Going forward you will likely have to provide KYC information before creating an unhosted wallet and/or when interacting with platforms via unhosted wallets. This could drastically change how users interact with crypto platforms. The will change "DeFi" as we know it today" [X Link](https://x.com/anyuser/status/1781403344172359826) 2024-04-19T19:23Z 23.4K followers, 114K engagements "Planning to write a thread on crypto accountants. Who are "crypto accountants" Do you need one If so when How to pick one What can an accountant actually do for you What should you not expect from a CPA How does pricing work Any other questions" [X Link](https://x.com/TheCryptoCPA/status/1470539783197782017) 2021-12-13T23:43Z 23.3K followers, [---] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@TheCryptoCPA ShehanShehan posts on X about crypto, if you, exchanges, money the most. They currently have [------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours.
Social category influence finance 48.34% cryptocurrencies 9.48% technology brands 6.16% stocks #4913 exchanges #331 celebrities 1.42% social networks 0.95% currencies 0.95% automotive brands 0.95% countries 0.47%
Social topic influence crypto #674, if you #3413, exchanges #179, money 7.11%, software #142, coin 5.21%, staking 4.74%, bitcoin 4.27%, coinbase #47, in the 3.79%
Top accounts mentioned or mentioned by @cointracker @billym2k @defyneric @topcointrader @coinbase @aibra @mike5starlife @moonscapehq @truthfromatl @diysolarready1 @bryanjohnson @thejackforge @jason @awwstn @kidneycryptodoc @secjayret @senmarkey @drishtadyumn @kobeissiletter @theallinpod
Top assets mentioned Bitcoin (BTC) Coinbase Global Inc. (COIN) Uber Technologies, Inc. (UBER)
Top posts by engagements in the last [--] hours
"The #1 thing you need to know going into crypto tax season: 1099-DAs are coming and they MUST match what you report on Form [----]. If your proceeds don't align with what exchanges send the IRS you'll get an automated notice. Verify your crypto tax software can reconcile 1099-DAs before generating your forms. https://twitter.com/i/web/status/2021992769628123245 https://twitter.com/i/web/status/2021992769628123245"
X Link 2026-02-12T17:00Z 23.4K followers, 12.6K engagements
"Whats NOT taxable ๐ซ Transfers between your wallets & exchange accounts ๐ซ Sending/receiving crypto gifts ๐ซ Crypto cash-back rewards You still need to track these even though you don't have to report these to the IRS"
X Link 2024-12-15T19:28Z 23.4K followers, 92K engagements
"Here's how the IRS will catch crypto tax evaders: They receive your 1099-DA directly from the exchange showing proceeds. When you file your return IRS systems check if the same amounts have been reported on your Form [----]. Big discrepancies = automated IRS notice. Reconcile your 1099-DA with your crypto tax software reports BEFORE filing. Getting an IRS notice means delays stress and potential penalties you could have easily avoided. https://twitter.com/i/web/status/2015937886881730847 https://twitter.com/i/web/status/2015937886881730847"
X Link 2026-01-27T00:00Z 23.3K followers, 137.8K engagements
"You can have perfect transaction tracking in your crypto tax software but if it shows $100K proceeds and your 1099-DA shows $120K the IRS computer flags you automatically. Your software being "right" doesn't matter"
X Link 2026-01-29T00:00Z 23.3K followers, 22.6K engagements
"FAQ: "Can I deduct my hardware wallet purchase" No. Personal property used to store investments isn't deductible. It's like asking if you can deduct your safe deposit box for stock certificates. Don't try to write off Ledgers Trezors or security keys"
X Link 2026-02-01T20:01Z 23.3K followers, [----] engagements
"Transferring crypto between your own wallets or exchanges isn't a taxable event and won't appear on 1099-DAs. Only sales or exchanges trigger reporting. Document your transfers with transaction IDs and dates. This proves to the IRS that gaps in your 1099-DA coverage are non-taxable movements not hidden sales. https://twitter.com/i/web/status/2018368888036053268 https://twitter.com/i/web/status/2018368888036053268"
X Link 2026-02-02T17:00Z 23.3K followers, [----] engagements
"@secjayret X ray"
X Link 2026-02-02T23:55Z 23.3K followers, 11.9K engagements
"Before 1099-DAs your crypto tax software was the source of truth. The IRS had no data to compare against. Now The 1099-DA is the source of truth for most CeFi activity and your software must match it exactly. Stop picking crypto tax software based on legacy criteria. The ONLY question that matters now: "Can this reconcile my 1099-DAs" Ask explicitly before buying. https://twitter.com/i/web/status/2019501608288031100 https://twitter.com/i/web/status/2019501608288031100"
X Link 2026-02-05T20:01Z 23.3K followers, [----] engagements
"Staking rewards over $600 get reported on a 1099-MISC not a 1099-DA. The 1099-DA only covers sales and disposals of crypto. Income from staking lending airdrops or rewards follows different reporting rules. Look for BOTH forms from your exchanges. Missing staking income from your return because you only looked at the 1099-DA is a common mistake that leads to underreporting"
X Link 2026-02-06T00:00Z 23.3K followers, [----] engagements
"@SenMarkey Don't care as long as it's cheaper than Uber"
X Link 2026-02-06T07:53Z 23.3K followers, [---] engagements
""But I lost money so taxes should be easy" is the most dangerous assumption in crypto. Losses with high transaction volume are HARDER to report correctly than simple gains. If you have losses across multiple exchanges with 500+ transactions hire a CPA. Claiming large losses incorrectly triggers audits faster than reporting gains. https://twitter.com/i/web/status/2019863991942586731 https://twitter.com/i/web/status/2019863991942586731"
X Link 2026-02-06T20:01Z 23.3K followers, [----] engagements
"Your exchange will consolidate multiple transactions into single lines on your 1099-DA instead of listing every trade separately. This saves paper but creates reconciliation headaches with your crypto tax software. Action: Don't try to match trade-by-trade. Focus on matching the final totals by comparing aggregate proceeds from the exchange vs your software"
X Link 2026-02-08T17:00Z 23.3K followers, [----] engagements
"Assuming crypto tax software handles 1099-DA reconciliation automatically is wrong. Most don't. Ask your software's support team: "Does your platform auto-reconcile 1099-DAs or do I need to make manual adjustments" Get their answer in writing before tax season hits"
X Link 2026-02-09T17:00Z 23.3K followers, [----] engagements
"The 1099-DA shows $200K in proceeds. Your crypto tax software shows $195K because it's missing some transactions. You can't just report $195K anymore. The IRS will notice the $5K difference. Your software must have features to add missing transactions that appear on 1099-DAs. If it can't create reconciliation entries it's already obsolete. https://twitter.com/i/web/status/2020951173943943475 https://twitter.com/i/web/status/2020951173943943475"
X Link 2026-02-09T20:01Z 23.3K followers, [----] engagements
"@topcointrader @coinbase Why do you think it should know Once it leaves CB CB has no visibility into that point"
X Link 2026-02-10T19:56Z 23.3K followers, [--] engagements
"RT @TheCryptoCPA: How to figure out your tax rate for crypto profits (Bonus: [--] easy tax-saving tips at the end) More details ๐ 1/ If y"
X Link 2026-02-11T22:02Z 23.3K followers, [--] engagements
"RT @TheCryptoCPA: The old crypto tax software playbook: import transactions calculate gains file. The new playbook: import transactions"
X Link 2026-02-11T23:00Z 23.3K followers, [--] engagements
"RT @drishtadyumn: Elon suspended this guy Satya for this simple tweet. You are telling me I should be concerned about him getting his ass"
X Link 2026-02-12T01:02Z 23.3K followers, [---] engagements
"RT @TheCryptoCPA: @defyneric CPA here. Wanted to add some clarity from a tax POV. [--]. No KYC CC - agree with you. I'd avoid them for the re"
X Link 2026-02-12T15:48Z 23.3K followers, [--] engagements
"In the old model different crypto tax software gave different results and you picked the lowest tax bill. In the new model every software must give the SAME result: whatever matches your 1099-DA. You can't shop around for the "best" calculation anymore. All software must converge on the 1099-DA numbers. Pick based on ease of reconciliation not tax optimization. https://twitter.com/i/web/status/2021011295655350648 https://twitter.com/i/web/status/2021011295655350648"
X Link 2026-02-10T00:00Z 23.4K followers, [----] engagements
"@KobeissiLetter Now boomers know how crypto works"
X Link 2026-02-12T23:51Z 23.4K followers, [---] engagements
"Checking NO on the crypto question when you have a 1099-DA is the fastest way to get an IRS notice. They already know you traded. The question is a test of honesty. The IRS has your 1099-DA before you even file. Lying on this question when they have documentation is an automatic fail. https://twitter.com/i/web/status/2022098478315249967 https://twitter.com/i/web/status/2022098478315249967"
X Link 2026-02-13T00:00Z 23.4K followers, 10.3K engagements
"DeFi trades wallet swaps and DEX transactions will not generate any 1099-DAs. No form doesn't mean no tax. The IRS expects full reporting regardless. If you used Uniswap MetaMask or any DEX in [----] you need crypto tax software. Manual tracking of DeFi is nearly impossible. https://twitter.com/i/web/status/2022355167404822803 https://twitter.com/i/web/status/2022355167404822803"
X Link 2026-02-13T17:00Z 23.4K followers, [----] engagements
"Your crypto tax bill is due April 15th even if you can't access your funds. Locked in a bankrupt exchange Staked with long unlock periods Still owe taxes. So if you have gains but can't access crypto to pay set aside cash NOW. The IRS doesn't care that your funds are inaccessible. https://twitter.com/i/web/status/2022400697740705916 https://twitter.com/i/web/status/2022400697740705916"
X Link 2026-02-13T20:01Z 23.4K followers, [----] engagements
"The IRS doesn't care if your software is "better" at tracking transactions. They care if your Form [----] matches the 1099-DA they received from the exchange. That's the only test. Before filing your software should generate a report: "Form [----] proceeds: $X. Total 1099-DA proceeds: $X. Difference: $0." If it can't produce this report you're flying blind. https://twitter.com/i/web/status/2022460862259187998 https://twitter.com/i/web/status/2022460862259187998"
X Link 2026-02-14T00:00Z 23.4K followers, 35.2K engagements
"1099-DAs don't capture everything taxable. Missing from the form: stablecoin sales under $10k NFT sales under $600 wrapping transactions (ETHWETH) lending transactions and all DeFi activity. Use crypto tax software to track these missing transactions. The IRS still expects you to report them and "I didn't get a form" is not a valid excuse. https://twitter.com/i/web/status/2017689672772678062 https://twitter.com/i/web/status/2017689672772678062"
X Link 2026-01-31T20:01Z 23.3K followers, [----] engagements
"Only centralized exchanges issue 1099-DAs. DeFi protocols DEXs and self-custody wallets will NOT send you 1099-DAs. However no 1099-DA doesn't mean no taxes owed. Self-reporting DeFi activity is YOUR responsibility and the IRS has visibility into your DeFi activity through other tools. https://twitter.com/i/web/status/2018414442023690627 https://twitter.com/i/web/status/2018414442023690627"
X Link 2026-02-02T20:01Z 23.3K followers, [----] engagements
"That guy who said "just use Monero" is not going to help you when the IRS sends a love letter asking about your unreported capital gains. Privacy coins don't make you invisible to tax law. They just make your audit more interesting. Report your gains"
X Link 2026-02-05T00:00Z 23.3K followers, [----] engagements
"Newbies experiencing crypto in 2026"
X Link 2026-02-05T23:06Z 23.3K followers, [----] engagements
"@theallinpod @cz_binance @chamath Can't think of a more trustworthy duo than these gentlemen"
X Link 2026-02-10T16:27Z 23.3K followers, [----] engagements
"Awesome to partner up with @coinbase on 1099-DAs . Sorry for the jump scare. This is the first year the IRS is standardizing crypto tax reporting. So weve teamed up with @CoinTracker to make it easier for you. Especially with the new form Form 1099-DA. ๐งต https://t.co/UXCeH241ty . Sorry for the jump scare. This is the first year the IRS is standardizing crypto tax reporting. So weve teamed up with @CoinTracker to make it easier for you. Especially with the new form Form 1099-DA. ๐งต https://t.co/UXCeH241ty"
X Link 2026-02-10T16:32Z 23.3K followers, [----] engagements
"Get this deal Missing details on your form like cost basis You can reconcile all your other transactions between exchanges and wallets thanks to @CoinTracker. Coinbase users who are new to CoinTracker get 20% off all plans and Coinbase One members get up to $199 off depending on your Missing details on your form like cost basis You can reconcile all your other transactions between exchanges and wallets thanks to @CoinTracker. Coinbase users who are new to CoinTracker get 20% off all plans and Coinbase One members get up to $199 off depending on your"
X Link 2026-02-10T16:33Z 23.3K followers, [----] engagements
"@topcointrader @coinbase I don't think it's right for coinbase to know this. It's outside of their control. If you have a CoinTracker account we track this and send coinbase the cost basis"
X Link 2026-02-10T20:16Z 23.3K followers, [--] engagements
"@defyneric @camidarling Spending crypto to buy stuff is a taxable event"
X Link 2026-02-11T15:49Z 23.3K followers, [---] engagements
"The old crypto tax software playbook: import transactions calculate gains file. The new playbook: import transactions import 1099-DAs reconcile differences make adjustment entries then file. If your software doesn't have a dedicated 1099-DA import and reconciliation workflow it's already obsolete. You need software built for the 1099-DA era"
X Link 2026-02-11T17:00Z 23.3K followers, [----] engagements
"RT @coinbase: Missing details on your form like cost basis You can reconcile all your other transactions between exchanges and wallets"
X Link 2026-02-11T17:05Z 23.3K followers, [--] engagements
"RT @CoinTracker: What's taxable in crypto โ Selling crypto for USD โ Trading crypto to crypto (BTC ETH) โ Spending crypto on goods/serv"
X Link 2026-02-11T18:25Z 23.3K followers, [--] engagements
"FAQ: "What if I used a foreign exchange like You still owe U.S. taxes on those trades. Foreign exchanges don't send 1099-DAs but that doesn't exempt you. Self-report all foreign exchange activity. The IRS is actively pursuing data from offshore platforms. "They don't know" is not a strategy. It's a gamble you'll lose. http://Binance.com http://Binance.com"
X Link 2026-02-11T20:01Z 23.3K followers, [---] engagements
"The "I forgot I had that wallet" defense works exactly zero times with the IRS. They have blockchain explorers too"
X Link 2026-02-12T00:00Z 23.3K followers, [----] engagements
"RT @Divegod: nigga looks like hes about to float towards the scent of a freshly baked pie"
X Link 2026-02-12T03:15Z 23.3K followers, [----] engagements
"RT @BillyM2k: @TheCryptoCPA match yo shiz"
X Link 2026-02-12T17:09Z 23.3K followers, [--] engagements
"RT @TheCryptoCPA: The #1 thing you need to know going into crypto tax season: 1099-DAs are coming and they MUST match what you report on"
X Link 2026-02-12T17:16Z 23.3K followers, [--] engagements
"RT @brian_armstrong: Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get"
X Link 2026-02-12T17:19Z 23.3K followers, [--] engagements
"A CPA costs $1000-$3000 for crypto taxes depending on complexity. Sounds expensive until the IRS sends you a $15000 CP2000 notice because you did it wrong yourself. Get quotes from [--] crypto-specialist CPAs. Compare their pricing response time and crypto experience. The cheapest isn't always the best. https://twitter.com/i/web/status/2015877741107695726 https://twitter.com/i/web/status/2015877741107695726"
X Link 2026-01-26T20:01Z 23.3K followers, 14.8K engagements
"Filing crypto taxes in early February before 1099-DAs arrive is like taking a test before studying. You'll get it wrong and spend months fixing it with amendments. Mark February 15th as the earliest you'll even START your crypto taxes. 1099-DAs arrive by then. Filing before you have all the data is self-sabotage. https://twitter.com/i/web/status/2016595169374523667 https://twitter.com/i/web/status/2016595169374523667"
X Link 2026-01-28T19:32Z 23.3K followers, 18.4K engagements
"FAQ: "Do I need to report if I'm just holding" No. Buying and holding without selling staking or earning is not reportable. Unrealized gains aren't taxed. If you literally only bought crypto in [----] and did nothing elseno sells swaps staking earningyou can check NO on the Form [----] crypto question. https://twitter.com/i/web/status/2019456047740592469 https://twitter.com/i/web/status/2019456047740592469"
X Link 2026-02-05T17:00Z 23.3K followers, [----] engagements
"@defyneric Yup. Especially makes sense when the loan interest is lower than your capital gains tax rate. This is the arbitrage strategy alot of billionaires use on loans against stocks as well"
X Link 2026-02-12T16:14Z 23.3K followers, [---] engagements
"@TruthFromATL CoinTrcker broker portal"
X Link 2026-02-13T18:21Z 23.3K followers, [--] engagements
"In [----] and beyond crypto tax software is only as good as its 1099-DA reconciliation capability. Everything elseUI portfolio tracking mobile appsis secondary. Make your buying decision based on ONE criterion: "Show me exactly how your software reconciles my transactions with my 1099-DAs and generates matching Form [----] entries." If they can't demo this walk away. https://twitter.com/i/web/status/2022717551592059358 https://twitter.com/i/web/status/2022717551592059358"
X Link 2026-02-14T17:00Z 23.4K followers, [----] engagements
"@Kalshi The traders"
X Link 2026-02-14T19:05Z 23.4K followers, [---] engagements
"Everyone's mad about government spending & fraud right now. Fair. But not filing your taxes is the worst financial decision you can make in protest. You already paid taxes through withholding and estimated payments. Without filing that money stays with the government permanently. Your crypto losses Worthless without a return. Your credits Gone. The smartest thing you can do right now is file accurately claim everything you're owed and keep your own money. https://twitter.com/i/web/status/2021994407348596810 https://twitter.com/i/web/status/2021994407348596810"
X Link 2026-02-12T17:06Z 23.4K followers, [---] engagements
"It's normal that casinos provide free drinks and now food. Thousands of people showed up for their free Kalshi groceries What an incredible day https://t.co/QEs7TzevM9 Thousands of people showed up for their free Kalshi groceries What an incredible day https://t.co/QEs7TzevM9"
X Link 2026-02-14T03:19Z 23.4K followers, [----] engagements
"Coinbase has pushed 1099-DA issuance to mid-March for some users. Translation: If you file in February without it you are basically blind-filing against what the IRS already knows. One mismatch on proceeds = a letter in the mail. Patience pays. Wait match file clean"
X Link 2026-02-14T17:08Z 23.4K followers, 20.2K engagements
"Your family CPA who does your parents' W-2s probably doesn't understand liquidity pools. Crypto needs crypto-specialist CPAs. They charge 2-3x more but save you 10x in mistakes"
X Link 2026-02-14T20:01Z 23.4K followers, [----] engagements
"Taxes on unrealized gains is punishment for being successful. BREAKING: Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks crypto and bonds. BREAKING: Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks crypto and bonds"
X Link 2026-02-14T20:53Z 23.4K followers, 10.2K engagements
"Transferring crypto between your own wallets is NOT reportable and you can check NO on the crypto tax question. But if you did ANYTHING else (sold swapped earned) check YES"
X Link 2026-01-28T20:01Z 23.4K followers, 42.4K engagements
"@BillyM2k Tired of winning tbh"
X Link 2026-02-05T19:47Z 23.4K followers, [----] engagements
"Most people will see "unknown" for cost basis in [----] because they moved crypto between platforms. Exchanges can only report basis for coins bought AND sold on their platform. Action: Use crypto tax software to find the missing cost basis"
X Link 2026-02-06T17:00Z 23.4K followers, [----] engagements
"It's very funny when people say they are not gonna pay taxes. You have already paid taxes for the [----] year and keep paying taxes on each paycheck"
X Link 2026-02-11T21:01Z 23.4K followers, [---] engagements
"@aibra @defyneric If you default on the loan that will trigger a liquidation of assets which will lead to taxable income"
X Link 2026-02-12T16:09Z 23.3K followers, [--] engagements
"Buying a house is so stupid rn. US RENTS FALL 1.4% YoY FOR 32ND STRAIGHT MONTH; RENTING CHEAPER THAN MORTGAGES ACROSS ALL TOP [--] METROS US RENTS FALL 1.4% YoY FOR 32ND STRAIGHT MONTH; RENTING CHEAPER THAN MORTGAGES ACROSS ALL TOP [--] METROS"
X Link 2026-02-12T16:48Z 23.4K followers, [----] engagements
"FAQ: "Do I report crypto if I made under $600" Yes. There's no minimum threshold for reporting capital gains. Even $1 in gains is technically reportable. Report all gains regardless of amount. The $600 threshold applies to 1099-MISC reporting requirements for exchanges not your personal tax obligation https://twitter.com/i/web/status/2022038330972508397 https://twitter.com/i/web/status/2022038330972508397"
X Link 2026-02-12T20:01Z 23.4K followers, [----] engagements
"Heads up crypto investors The IRS is making BIG changes starting Jan [--] [----] and if you dont prep now you could pay more in taxes or face penalties. Heres what you need to do before the year-end to avoid penalties save money and stay ahead of the game. ๐งต"
X Link 2024-12-15T19:28Z 23.4K followers, 895K engagements
"Not downloading your crypto tax software reports as PDFs means you have no backup if the company shuts down or your subscription expires. After generating your final tax forms download and save PDFs of Form [----] Schedule D and the transaction detail report. Store them outside the software in cloud storage or external drive"
X Link 2026-02-10T17:00Z 23.4K followers, [----] engagements
"CPA here. Wanted to add some clarity from a tax POV. [--]. No KYC CC - agree with you. I'd avoid them for the reasons you mentioned. [--]. P2P - this is still taxable to the person who's offramping crypto although enforcement may be challenging. [--]. Crypto credit cards - when the app pays off the balance using your crypto that unfortunately triggers a taxable event for you. [--]. Loans - if structured correctly loan proceeds are not taxable. But you have to pay interest as you pointed out. If you do not pay back the loan that is a taxable event. [--]. TG P2P - again taxable when you dispose of your"
X Link 2026-02-11T15:59Z 23.4K followers, [----] engagements
"Safe harbor allocation is something you guys should do even if you missed the deadline (most people did miss the deadline) @TheCryptoCPA And don't forget the safe harbor re-allocation ๐ต๐ซ What a fun year haha @TheCryptoCPA And don't forget the safe harbor re-allocation ๐ต๐ซ What a fun year haha"
X Link 2026-02-12T16:12Z 23.4K followers, [----] engagements
"This blew up Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get you all the tools you need to make the process as easy as possible Pay your taxes folks. Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get you all the tools you need to make the process as easy as possible Pay your taxes folks"
X Link 2026-02-12T16:46Z 23.4K followers, [----] engagements
"Trying to do crypto taxes using Chatgpt cz "AI can do anything""
X Link 2026-02-12T17:29Z 23.4K followers, [----] engagements
"@CryptoTaxSucks Small correction: coinbase will share cost basis information when they have that information internally or users share that information to them via @CoinTracker"
X Link 2026-02-12T23:31Z 23.4K followers, [---] engagements
"@GreymonQueen I'm not sure untill you connect all the sources into a crypto tax software and calculate the real gain or loss"
X Link 2026-02-13T16:26Z 23.4K followers, [---] engagements
"@FullMetalTrav @ModomSolutions It will starting [----] TY"
X Link 2026-02-14T02:57Z 23.4K followers, [---] engagements
"@Mike5starLife There's an extension to the general deadline. Coinbase is taking it. I am sure others will too if they have to"
X Link 2026-02-14T17:25Z 23.4K followers, [----] engagements
"@DIYSolarReady1 @Mike5starLife You can get a [--] day extension"
X Link 2026-02-14T20:57Z 23.4K followers, [--] engagements
"Web [---] - Read-only. Web [---] - Read & write. Web [---] - Read write & own"
X Link 2021-11-06T16:00Z 23.3K followers, [----] engagements
"The IRS will make more money from crypto than anybody else"
X Link 2021-11-11T19:00Z 23.4K followers, [----] engagements
"Discipline creates opportunity"
X Link 2021-11-11T22:00Z 23.3K followers, [---] engagements
"Crypto is the place where everyone feels late when they arrive"
X Link 2021-11-12T22:00Z 23.3K followers, [----] engagements
"2022: "Media: bitcoin crashed down to $100000""
X Link 2021-11-13T17:00Z 23.4K followers, [---] engagements
"You are rich when you have money. You are wealthy when you have time"
X Link 2021-11-15T00:00Z 23.4K followers, [---] engagements
"With money you can buy a clock not time. With money you can buy a house not a home. With money you can buy a doctor not health"
X Link 2021-11-20T17:00Z 23.4K followers, [---] engagements
"What you want in life is to be in control of your time"
X Link 2021-11-24T19:00Z 23.3K followers, [---] engagements
"Finding a crypto-savvy accountant is harder than finding the next 100X coin"
X Link 2021-12-08T16:31Z 23.4K followers, [---] engagements
"I disappointed Elon"
X Link 2021-12-09T20:32Z 23.4K followers, [---] engagements
"Success is having freedom to focus on the grind you actually enjoy"
X Link 2021-12-10T20:00Z 23.4K followers, [---] engagements
"Planning to write a thread on crypto accountants. Who are "crypto accountants" Do you need one If so when How to pick one What can an accountant actually do for you What should you not expect from a CPA How does pricing work Any other questions"
X Link 2021-12-13T23:43Z 23.3K followers, [---] engagements
"First-time crypto buyer doing due diligence on the next 100X coin recommend by a Youtuber"
X Link 2021-12-14T03:33Z 23.4K followers, [---] engagements
"Cash is more untraceable than any privacy coin"
X Link 2021-12-18T00:00Z 23.4K followers, [---] engagements
"Web [--] is people getting sick of Web [--] & [--] and doing everything offline"
X Link 2021-12-23T17:00Z 23.4K followers, [---] engagements
"Do you need a special "Crypto accountant" to file your taxes ๐ (Disclaimer: I don't practice anymore. I have nothing to gain from this thread other than telling you the truth)"
X Link 2022-01-01T22:23Z 23.4K followers, [---] engagements
"The IRS will make more money from crypto than anybody else"
X Link 2022-01-05T20:00Z 23.4K followers, [---] engagements
"IRS is going to advertise crypto to 150M+ Americans starting January 24th"
X Link 2022-01-14T00:00Z 23.3K followers, [---] engagements
"Everything you need to know about Tax-loss harvesting and how much you can deduct on your taxes ๐"
X Link 2022-01-22T19:29Z 23.4K followers, [---] engagements
"The best tax tool you can get is a CPA that trades crypto ๐"
X Link 2022-01-29T17:00Z 23.3K followers, [---] engagements
"Finding a crypto-savvy accountant is harder than finding the next 100X coin"
X Link 2022-02-02T20:00Z 23.4K followers, [---] engagements
"BREAKING: IRS has decided not to tax staking income at the time of receipt - reported by Blockworks. We don't know the specifics yet until we see the actual court ruling tomorrow. But I'm hopeful Stay tuned for a detailed thread tomorrow. https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/ https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/"
X Link 2022-02-03T01:01Z 23.4K followers, [---] engagements
"Your passive staking rewards may not be taxed at the time of receipt. Let me explain the facts where we are now and what to expect next. ๐"
X Link 2022-02-03T16:03Z 23.4K followers, [---] engagements
"Web 2.0: Taxes are mandatory. Web 3.0: Taxes are optional"
X Link 2022-02-06T01:33Z 23.3K followers, [---] engagements
"#Bitcoin is the worst asset to evade taxes. All your records are permanently recorded on the blockchain"
X Link 2022-03-23T19:00Z 23.4K followers, [---] engagements
"Why call it a tax when it's a penalty for being successful"
X Link 2022-03-28T16:35Z 23.3K followers, [---] engagements
"When #btc hits 25K"
X Link 2022-05-09T16:00Z 23.3K followers, [---] engagements
"Bitcoin CEO remains silent"
X Link 2022-11-11T08:41Z 23.3K followers, [---] engagements
"According to the IRS interpretation of the law staking rewards are taxable upon receipt. On 1/20/23 the IRS updated its Digital Assets page to reflect this. You should also check "Yes" for the crypto question if you receive any staking rewards"
X Link 2023-01-23T23:30Z 23.3K followers, 90.8K engagements
"How to figure out your tax rate for crypto profits (Bonus: [--] easy tax-saving tips at the end) More details ๐ 1/ If you sell coins that you held for less than [--] months (short-term) your gains are subject to ordinary income taxes. Tax rates range from 10% to 37% for 2023"
X Link 2024-01-05T21:54Z 23.3K followers, 20.7K engagements
"Here's your IRS tax bill on a 1M #BTC cash out. Scenario: - You live in a state with no state income taxes like TX. - Assume you only have the BTC gain in [----] for simplicity. - You held the coins for at least [--] year before selling in [----]. Cost basis = 200K. - You are married"
X Link 2024-03-11T15:37Z 23.4K followers, 80.4K engagements
"@bryan_johnson [----] you looked more human than ever"
X Link 2024-04-09T20:28Z 23.4K followers, 90.4K engagements
"@TheJackForge Last thing you see before you lose PMF"
X Link 2024-04-15T20:21Z 23.3K followers, 33.6K engagements
"Think you can hide your crypto gains from the IRS ๐ค A Bitcoin investor just got sentenced to [--] years in prison for false reporting. Here's what happenedand what you need to know to stay out of trouble ๐งต"
X Link 2024-12-13T18:37Z 23.4K followers, 712.3K engagements
"1/ Learn Crypto tax [---]. Whats taxable โ
Selling crypto for fiat โ
Trading one coin for another โ
Spending crypto on goods/services โ
Earning crypto (staking mining rewards etc.) โ
Airdrops & hard forks If you had any of these transactions you will likely have to file Form 8949/Schedule D and/or Schedule [--] when you file your taxes"
X Link 2024-12-15T19:28Z 23.4K followers, 105.5K engagements
"2/ Use a crypto tax software tool. Most crypto exchanges wont send you any tax forms like stock brokers. But you are still responsible for accurately calculating and reporting gains/losses to the IRS. Use a tool like @CoinTracker to: Connect all your wallets & exchanges (Read-only access) Automatically reconcile gains/losses Generate the right tax forms (Form 8949/ Schedule D and Schedule 1). (It's virtually impossible to compute your gains/losses without a crypto tax tool)"
X Link 2024-12-15T19:28Z 23.4K followers, 92.2K engagements
"Heads up: If you dont confirm your accounting method (HIFO LIFO etc.) on each CeFi exchange before 1/1/26 you will be defaulted to FIFO under the new 1099-DA rules. Go into your exchange settings and choose your method most traders will benefit from HIFO"
X Link 2025-12-04T17:48Z 23.4K followers, 14.4K engagements
"Heads up crypto investors The IRS is making BIG changes starting Jan [--] [----] and if you dont prep now you could pay more in taxes or face penalties. Heres what you need to do before the year-end to avoid penalties save money and stay ahead of the game. ๐งต"
X Link 2024-12-15T19:28Z 23.4K followers, 895K engagements
"Web [---] - Read-only. Web [---] - Read & write. Web [---] - Read write & own"
X Link 2021-11-06T16:00Z 23.3K followers, [----] engagements
"Crypto is the place where everyone feels late when they arrive"
X Link 2021-11-12T22:00Z 23.3K followers, [----] engagements
"Dave Ramsey math to become a millionaire by [--]. - Pay off your 1.5% mortgage. - Pay off your 0.9% car loan. - Buy a 2K used car so you can have 10K of repairs. - Use debit cards not credit cards. - Don't allocate even a tiny bit to #btc - Make coffee at home"
X Link 2024-03-14T16:39Z 23.4K followers, 287.4K engagements
"Breaking: The IRS just issued a temporary relief notice that is good news for crypto holders interacting with CeFi exchanges in [----] TEMPORARY RELIEF UNDER SECTION 1.1012-1(j)(3)(ii ๐งต"
X Link 2024-12-31T20:02Z 23.4K followers, 542.2K engagements
"Bitcoin is backed by "
X Link 2024-12-12T20:01Z 23.4K followers, 468.9K engagements
"Think you can hide your crypto gains from the IRS ๐ค A Bitcoin investor just got sentenced to [--] years in prison for false reporting. Here's what happenedand what you need to know to stay out of trouble ๐งต"
X Link 2024-12-13T18:37Z 23.4K followers, 712.3K engagements
"Honest question: have you seen use cases for SOL network other than launching meme coins"
X Link 2025-01-22T20:50Z 23.4K followers, 240.2K engagements
"The IRS will make more money from crypto than anybody else"
X Link 2021-11-11T19:00Z 23.4K followers, [----] engagements
"If you ever feel bad just know that one of my clients lost 2B worth of BTC. He/she can see the balance on the wallet but no private key"
X Link 2020-12-17T22:00Z 23.3K followers, [----] engagements
"A few hours ago the IRS released the highly-anticipated & controversial DeFi regulations. If you are in DeFi big changes are coming and heres what you need to know ๐งต"
X Link 2024-12-27T18:41Z 23.4K followers, 350.8K engagements
"Getting a loan against your appreciated coins is a viable option to get liquidity without triggering a capital gains event. But you will have to pay capital gains taxes if you make more profits from the loan proceeds"
X Link 2021-12-09T20:00Z 23.4K followers, [----] engagements
"20% unrealized gain tax is the most aggressive tax policy I have ever seen"
X Link 2022-03-29T19:00Z 23.3K followers, [----] engagements
"I don't think crypto will be pseudo-anonymous or privacy-preserving anymore at least in the US. Yesterday the IRS issued the long-awaited draft Form 1099-DA the first tax form specifically designed to collect your ID and detailed transaction data at scale from "brokers". Brokers (CeFi exchanges certain DeFi exchanges and wallets) will be required to generate this form for each sale transaction and submit that info to the IRS and you (similar to stock brokers) starting 1/1/2025"
X Link 2024-04-19T19:23Z 23.4K followers, 534.1K engagements
"You are paid by how hard you are to replace. Not by how hard you work"
X Link 2021-07-08T23:00Z 23.3K followers, [----] engagements
"With money you can buy a clock not time. With money you can buy a house not a home. With money you can buy a doctor not health"
X Link 2021-11-20T17:00Z 23.4K followers, [---] engagements
"The IRS will make more money from crypto than anybody else"
X Link 2022-01-05T20:00Z 23.4K followers, [---] engagements
"First-time crypto buyer doing due diligence on the next 100X coin recommend by a Youtuber"
X Link 2021-12-14T03:33Z 23.4K followers, [---] engagements
"Why call it a tax when it's a penalty for being successful"
X Link 2022-03-28T16:35Z 23.3K followers, [---] engagements
"You are paid by how hard you are to replace. Not by how hard you work"
X Link 2021-07-29T23:00Z 23.3K followers, [---] engagements
"Sometimes saving taxes on crypto is very easy. Step 1: Buy crypto. Step 2: Wait at least [--] year. Step 3: Sell. The tax rate goes from 37% to 15%"
X Link 2024-12-16T02:39Z 23.4K followers, 43.7K engagements
"Bitcoin CEO remains silent"
X Link 2022-11-11T08:41Z 23.3K followers, [---] engagements
"How do I report SEC to the SEC for manipulating markets. Lol"
X Link 2024-01-09T21:40Z 23.3K followers, 136.1K engagements
"When #btc hits 25K"
X Link 2022-05-09T16:00Z 23.3K followers, [---] engagements
"Several crypto lending/yield platforms froze or limited withdrawals due to the recent crypto crash and liquidity crunch. If your funds become totally irrecoverable you may be eligible to write them off as a Nonbusiness bad debt (166(a)(d)) on your taxes. How it works ๐"
X Link 2022-07-02T01:18Z 23.4K followers, [----] engagements
"How billionaires pay little to no taxes in the US ๐ Step 1: Know the tax rules Tax 101: Income is taxed at the time of receipt. Wealth is not taxed at the time of receipt. It gets taxed only when you sell. Income = Wages Wealth = Appreciated stocks crypto & assets"
X Link 2021-06-10T16:04Z 23.4K followers, [---] engagements
"Meta will always be "Facebook". Sorry"
X Link 2022-02-01T01:42Z 23.3K followers, [---] engagements
"Receiving an NFT as a gift is not taxable to the recipient. The recipient pays taxes only when he/she sells it"
X Link 2021-08-30T20:00Z 23.4K followers, [---] engagements
"@bryan_johnson [----] you looked more human than ever"
X Link 2024-04-09T20:28Z 23.4K followers, 90.4K engagements
"If you tax unrealized gains allow deducting unrealized losses"
X Link 2021-10-25T15:48Z 23.3K followers, [---] engagements
"Success is having freedom to focus on the grind you actually enjoy"
X Link 2021-12-10T20:00Z 23.4K followers, [---] engagements
"Wealth is stored time"
X Link 2021-11-22T22:00Z 23.4K followers, [---] engagements
"Cash is more untraceable than any privacy coin"
X Link 2021-12-18T00:00Z 23.4K followers, [---] engagements
"@CGasparino @twobitidiot @FoxBusiness @SECGov Can someone help https://x.com/TheCryptoCPA/status/1744836663912600017t=_9flRqaqZpMUGUVFvtNr3g&s=19 How do I report SEC to the SEC for manipulating markets. Lol https://x.com/TheCryptoCPA/status/1744836663912600017t=_9flRqaqZpMUGUVFvtNr3g&s=19 How do I report SEC to the SEC for manipulating markets. Lol"
X Link 2024-01-09T22:03Z 23.3K followers, 91.3K engagements
"Discipline creates opportunity"
X Link 2021-11-11T22:00Z 23.3K followers, [---] engagements
"Rewards received from crypto debit/credit cards are not taxable. This is because cash/crypto back is considered not income. It's an adjustment to the purchase price. - FAQ-"
X Link 2021-10-13T16:00Z 23.4K followers, [---] engagements
"Finding a crypto-savvy accountant is harder than finding the next 100X coin"
X Link 2021-12-08T16:31Z 23.4K followers, [---] engagements
"You will get different types of tax reports (1099-MISC 1099-B 1099-K Transaction report) from crypto exchanges this year. Here's what they mean and how to avoid overpaying taxes ๐"
X Link 2022-01-29T23:55Z 23.4K followers, [---] engagements
"Everything you need to know about Tax-loss harvesting and how much you can deduct on your taxes ๐"
X Link 2022-01-22T19:29Z 23.4K followers, [---] engagements
"You can be twice as rich by deciding you need half as much"
X Link 2021-11-15T17:01Z 23.4K followers, [---] engagements
"The best tax tool you can get is a CPA that trades crypto ๐"
X Link 2022-01-29T17:00Z 23.3K followers, [---] engagements
"You are rich when you have money. You are wealthy when you have time"
X Link 2021-11-15T00:00Z 23.4K followers, [---] engagements
"@RyanSAdams This only applies to businesses accepting crypto. Not individuals. ๐"
X Link 2024-01-02T18:58Z 23.4K followers, 38.6K engagements
"You are rich when you have money. You are wealthy when you have time"
X Link 2021-06-14T16:00Z 23.4K followers, [---] engagements
"You are rich when you have money. You are wealthy when you have time"
X Link 2022-01-04T20:00Z 23.4K followers, [---] engagements
"Do you need a special "Crypto accountant" to file your taxes ๐ (Disclaimer: I don't practice anymore. I have nothing to gain from this thread other than telling you the truth)"
X Link 2022-01-01T22:23Z 23.4K followers, [---] engagements
"Finding a crypto-savvy accountant is harder than finding the next 100X coin"
X Link 2022-02-02T20:00Z 23.4K followers, [---] engagements
"You can be twice as rich by deciding you need half as much"
X Link 2021-09-10T18:00Z 23.4K followers, [---] engagements
"IRS gonna make more money from crypto than anybody else in the next [--] years"
X Link 2021-10-01T16:08Z 23.4K followers, [---] engagements
"IRS is more bullish on crypto than anybody else. Few understand this"
X Link 2021-10-03T16:00Z 23.3K followers, [---] engagements
"Hodling is the most powerful investment strategy"
X Link 2021-10-28T21:00Z 23.3K followers, [---] engagements
"Who grew up here as a child"
X Link 2024-03-19T00:40Z 23.3K followers, 27.8K engagements
"1/ Learn Crypto tax [---]. Whats taxable โ
Selling crypto for fiat โ
Trading one coin for another โ
Spending crypto on goods/services โ
Earning crypto (staking mining rewards etc.) โ
Airdrops & hard forks If you had any of these transactions you will likely have to file Form 8949/Schedule D and/or Schedule [--] when you file your taxes"
X Link 2024-12-15T19:28Z 23.4K followers, 105.5K engagements
"What you want in life is to be in control of your time"
X Link 2021-11-24T19:00Z 23.3K followers, [---] engagements
"Rewards received from crypto debit/credit cards are not taxable. This is because cash/crypto back is considered not income. It's an adjustment to the purchase price. - FAQ-"
X Link 2021-04-21T15:52Z 23.4K followers, [---] engagements
"I disappointed Elon"
X Link 2021-12-09T20:32Z 23.4K followers, [---] engagements
"SEC announces they decided not to ban something they can't ban in the first place"
X Link 2021-10-05T21:12Z 23.4K followers, [---] engagements
"Alaska Florida Nevada South Dakota Texas Washington Wyoming - states with no income taxes. If you cash out crypto or NFTs there you automatically save 5% - 15% of your total tax bill"
X Link 2021-10-14T16:01Z 23.4K followers, [---] engagements
"IRS is NOT delaying your obligation to report taxable crypto transactions on your taxes"
X Link 2025-01-02T17:41Z 23.4K followers, 28.1K engagements
"Every fintech app will have to care about crypto soon or they will be yahood soon"
X Link 2021-10-02T23:00Z 23.4K followers, [---] engagements
"2/ Use a crypto tax software tool. Most crypto exchanges wont send you any tax forms like stock brokers. But you are still responsible for accurately calculating and reporting gains/losses to the IRS. Use a tool like @CoinTracker to: Connect all your wallets & exchanges (Read-only access) Automatically reconcile gains/losses Generate the right tax forms (Form 8949/ Schedule D and Schedule 1). (It's virtually impossible to compute your gains/losses without a crypto tax tool)"
X Link 2024-12-15T19:28Z 23.4K followers, 92.2K engagements
"This duo can bring in more people into #BTC than institutions"
X Link 2021-01-03T20:26Z 23.3K followers, [---] engagements
"The $1.2 trillion infrastructure bill was just passed by the House and is heading for Biden's signature. What does this mean for crypto holders ๐"
X Link 2021-11-06T04:38Z 23.3K followers, [---] engagements
"IRS is going to advertise crypto to 150M+ Americans starting January 24th"
X Link 2022-01-14T00:00Z 23.3K followers, [---] engagements
"Considering tax heavens and renouncing citizenship when your [---] #BTC portfolio 2X"
X Link 2024-02-14T15:23Z 23.4K followers, 18.6K engagements
"Check out the crypto tax session we did at @Google below ๐@talksatgoogle @CoinTracker #cryptotaxes #taxtwitter https://bit.ly/2YKViu5 https://bit.ly/2YKViu5"
X Link 2019-12-14T04:43Z 23.4K followers, [---] engagements
"What happens when you hodle for 20+ years"
X Link 2021-12-24T01:33Z 23.3K followers, [---] engagements
"BREAKING: Cryptocurrency purchases made in USD are not subject to any type of IRS reporting - per updated FAQs as of March [--] 2021"
X Link 2021-03-03T01:08Z 23.4K followers, [---] engagements
"Gifting crypto to someone is NOT taxable. Receiving a crypto gift is NOT taxable. However you need to disclose to the IRS if you gift someone more than 18K of crypto"
X Link 2024-12-27T20:01Z 23.4K followers, 23.8K engagements
"Web 2.0: Taxes are mandatory. Web 3.0: Taxes are optional"
X Link 2022-02-06T01:33Z 23.3K followers, [---] engagements
"Here's your IRS tax bill on a 1M #BTC cash out. Scenario: - You live in a state with no state income taxes like TX. - Assume you only have the BTC gain in [----] for simplicity. - You held the coins for at least [--] year before selling in [----]. Cost basis = 200K. - You are married"
X Link 2024-03-11T15:37Z 23.4K followers, 80.4K engagements
"@APompliano"
X Link 2021-01-06T15:51Z 23.3K followers, [---] engagements
"He/she received BTC in [----] as a refund from an overseas vendor. Long story"
X Link 2020-12-17T22:36Z 23.3K followers, [---] engagements
"According to the IRS interpretation of the law staking rewards are taxable upon receipt. On 1/20/23 the IRS updated its Digital Assets page to reflect this. You should also check "Yes" for the crypto question if you receive any staking rewards"
X Link 2023-01-23T23:30Z 23.3K followers, 90.8K engagements
"3/ If you're into crypto report your earnings honestly. Using crypto tax software or working with a CPA can save you from serious trouble later. Remember that crypto is the worst asset class to evade taxes because your transactions are permanently recorded on the blockchain"
X Link 2024-12-13T18:37Z 23.4K followers, 68.2K engagements
"#Bitcoin is the worst asset to evade taxes. All your records are permanently recorded on the blockchain"
X Link 2022-03-23T19:00Z 23.4K followers, [---] engagements
"@TheJackForge Last thing you see before you lose PMF"
X Link 2024-04-15T20:21Z 23.3K followers, 33.6K engagements
"How to be a millionaire Pay unrealized gains taxes as a billionaire"
X Link 2021-10-29T18:00Z 23.4K followers, [---] engagements
"Whats NOT taxable ๐ซ Transfers between your wallets & exchange accounts ๐ซ Sending/receiving crypto gifts ๐ซ Crypto cash-back rewards You still need to track these even though you don't have to report these to the IRS"
X Link 2024-12-15T19:28Z 23.4K followers, 92K engagements
"Where the hell is "crypto czar" David Sachs Seriously"
X Link 2025-01-19T22:49Z 23.4K followers, 35.4K engagements
"How billionaires pay little to no taxes in the US ๐ (Buy Borrow & Die strategy) Step 1: Know the key tax rules. Tax 101: Income is taxed at the time of receipt. Wealth is not taxed at the time of receipt. It gets taxed only when you sell. Income = Wages. Wealth = Appreciated stocks crypto & other assets"
X Link 2024-02-16T16:29Z 23.4K followers, 37.5K engagements
"@beffjezos "I was arrested.as a millionaire""
X Link 2024-03-07T14:12Z 23.3K followers, 14.7K engagements
"BREAKING: IRS has decided not to tax staking income at the time of receipt - reported by Blockworks. We don't know the specifics yet until we see the actual court ruling tomorrow. But I'm hopeful Stay tuned for a detailed thread tomorrow. https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/ https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/"
X Link 2022-02-03T01:01Z 23.4K followers, [---] engagements
"Furthermore in the new draft Form 1099-DA the IRS has included unhosted wallet provider as a check box. This further signals the IRSs intention to include unhosted wallets under the broker definition despite the industry feedback. What does this mean to you Going forward you will likely have to provide KYC information before creating an unhosted wallet and/or when interacting with platforms via unhosted wallets. This could drastically change how users interact with crypto platforms. The will change "DeFi" as we know it today"
X Link 2024-04-19T19:23Z 23.4K followers, 114K engagements
"Planning to write a thread on crypto accountants. Who are "crypto accountants" Do you need one If so when How to pick one What can an accountant actually do for you What should you not expect from a CPA How does pricing work Any other questions"
X Link 2021-12-13T23:43Z 23.3K followers, [---] engagements
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/creator/twitter::TheCryptoCPA