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whats going on guys in this video im going to show you how to prepare your taxes for all of your crypto transactions now yes unfortunately you have to pay taxes when you buy and sell crypto more importantly when you sell the crypto and regardless of if you report a loss or a profit you need to report that on your taxes now im in the united states the irs is a very very strict organization that wants to know where all of your money is at all times im by no means a fan of them but i play it by the rules so in this video im going to show you the best way to get ready for tax season now the past year 2021 was a pretty important year for me especially because i dove into cryptocurrency and i made a lot of trades across multiple platforms and in hindsight it wasnt the smartest idea when i was first learning jumping between gemini coinbase nexo all these different platforms because it made the tax portion a nightmare at least it was a nightmare until i found a certain program that hones