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Crypto Taxes & Crypto IRAs Part II

with CryptoTrader.Tax

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With the federal government expressing a means to amplify cryptocurrency taxation with the 2021 infrastructure bill…

it is important to stay up to date on cryptocurrency taxation. While IRAs make most crypto trades and activities tax-free, tax enforcement and regulation progress is a constant interest of our customer base.

Rocket Dollar and CryptoTrader.Tax have teamed up to discuss the impacts of cryptocurrencies both inside and outside your Self-Directed IRA. Although cryptocurrencies like Bitcoin, Ethereum,  and DeFi protocols have rapidly grown into popular asset choices over the past few years, they can make tax time intimidating.

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What you'll learn:

  • Review the basics of crypto taxation

  • Growth of NFTs, NFT Taxation, and why to avoid NFTs in IRAs

  • Taxation in DeFi

  • How to track transactions, and report taxes after moving and selling crypto

  • How to use your Rocket Dollar IRA to invest in crypto

  • Avoid tax and prohibited transaction pitfalls when investing in Crypto IRAs

What you'll learn:

  • Review the basics of crypto taxation

  • Growth of NFTs, NFT taxation, and why avoid NFTs in IRAs

  • Taxation in DeFi

  • How to track transactions and report taxes after moving and selling crypto

  • How to use your Rocket Dollar IRA to invest in crypto

  • Avoid tax and prohibited transaction pitfalls when investing in Crypto IRAs

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Meet the hosts

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