how to keep track of separate investments from my family from my own in crypto currency

Last Updated on May 12, 2023 by Paganoto

Divorcing spouses are using cryptocurrency to hide money …

Divorcing spouses are using cryptocurrency to hide money …

The dramatic rise of cryptocurrency has led to some spouses using digital currency to hide money during divorce settlements.

Frequently Asked Questions on Virtual Currency Transactions

Frequently Asked Questions on Virtual Currency Transactions

The IRS uses the term “virtual currency” in these FAQs to describe the various types of convertible virtual currency that are used as a medium of exchange, such …

How to Give Cryptocurrency as a Gift – Investopedia

How to Give Cryptocurrency as a Gift – Investopedia

Another option is to gift cryptocurrency via an exchange. If you aren’t already a crypto investor, you’ll first need to choose an exchange, set up an account, …

Leaving Cryptocurrency or NFTs Through a Trust – Nolo

Leaving Cryptocurrency or NFTs Through a Trust – Nolo

Cautionary tales of Bitcoin investors leaving behind massive wealth, but no way for family members to access it, abound. Even the most technologically savvy …

How To Buy Cryptocurrency – Forbes Advisor

How To Buy Cryptocurrency – Forbes Advisor

Some exchanges only allow you to buy crypto using another crypto, meaning you’d have to find another exchange to buy the tokens your preferred …

Demystifying Cryptocurrencies, Blockchain, and ICOs – Toptal

Demystifying Cryptocurrencies, Blockchain, and ICOs – Toptal

Initial coin offerings (ICOs) are the hot new phenomenon in the cryptocurrency investing space. ICOs help firms raise cash for the development of new blockchain …

Cryptocurrency Tax Guide — How to File in 2022 – Time

Cryptocurrency Tax Guide — How to File in 2022 – Time

If you leave your virtual currency within your account on the exchange you buy it, it’s generally easy to track or generate reports about your …

Your Crypto Tax Guide – TurboTax Tax Tips & Videos

Your Crypto Tax Guide – TurboTax Tax Tips & Videos

If you’ve invested in cryptocurrency, understand how the IRS taxes … Keep records of your transactions so that you can inform the IRS of …

9 Ways to Cut Crypto Taxes Down to the Bone – Kiplinger

9 Ways to Cut Crypto Taxes Down to the Bone – Kiplinger

Depending on your goals for using your wealth, you might consider another way of lowering your crypto tax bill: Gifting your cryptocurrency to family members.

Cryptocurrency: What It Is and How It Works – NerdWallet

Cryptocurrency: What It Is and How It Works – NerdWallet

But one advantage if you own crypto is that you probably already have everything set up. Here are the steps: Connect the wallet that holds the cryptocurrencies …