Skate, Snow & Crypto

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Skate, Snow & Crypto

Skate, Snow & Crypto

@HexiBen

Katılım Ağustos 2021
393 Takip Edilen891 Takipçiler
Skate, Snow & Crypto
@TheCryptoCPA No, the IRS needs flooded with the most discrepancies as possible. This will force them to decide what is more important, correct capital gains or general proceeds. They can’t tell tax software to be incorrect on purpose. This is obvious.
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Shehan
Shehan@TheCryptoCPA·
"My crypto tax software is more accurate than my 1099-DA" might be true, but it's irrelevant. The IRS matching system compares your Form 8949 to the 1099-DA, not to reality. Accuracy doesn't matter if it doesn't match the 1099-DA. Pick software that prioritizes IRS matching over theoretical precision. Avoiding notices is more valuable than being "right."
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Shehan
Shehan@TheCryptoCPA·
Please DO NOT buy crypto on behalf of others in your account. This creates a messy tax situation because the transactions are recorded under your SSN.
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Skate, Snow & Crypto
Skate, Snow & Crypto@HexiBen·
Hi @Yahoo a critique for your Mail app. Primary verse inbox is not helpful. If the mail you’re after isn’t categorized correctly. Then you also have emails missing from inbox that are in unread. It’s actually very easy to miss important emails.
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Richard Heart
Richard Heart@RichardHeartWin·
How much liquidity, and paired with what, do you wish the ProveX coin to be in 24 hours? Explain verbosely.
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Fat Sammy
Fat Sammy@FatSammy4·
@RichardHeartWin I would like to see it launched on ETH chain with WPLS to attract the wealthy ETH participants, still drives up prices on PulseChain if successful via arbitrage and hearts law.
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Skate, Snow & Crypto
Skate, Snow & Crypto@HexiBen·
@TheCryptoCPA You should probably be careful with that advice, because you might be telling people to change their capital gains to match a 1099, but you should always report you correct capital gains/losses.
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Shehan
Shehan@TheCryptoCPA·
Wrong cost basis on your 1099-DA? Most exchanges won't fix it, and you don't need them to. You're allowed to override the cost basis on Form 8949 in this tax season, per IRS Notice 2025-7.
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Crypto Tax Girl
Crypto Tax Girl@CryptoTaxGirl·
This was always important, but it's even more important now with the 1099-DAs: Make sure that you keep personal, business, and retirement crypto activity on separate wallets, and don't co-mingle them. (Also don't buy/sell crypto for other people on your wallets/exchanges)
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Skate, Snow & Crypto
Skate, Snow & Crypto@HexiBen·
@toospooky Ya I mean it’s sad to see people getting pulled right and left depending on who gets the most views. Type of people you could sell a ketchup popsicle to.
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toospooky
toospooky@toospooky·
The "non-woke" right falling for a violent communist leftist again because he "looks right" and said jews bad.
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Corey Costa’s Crypto Coins
Corey Costa’s Crypto Coins@coreycosta123·
@AutisticClip I think the funniest rebuttal of what’s left of MAGA is “well bro do you think the Kamala Administration would be better?” It’s a horrendous deflective tactic that doesn’t get to the root of the fact that the Trump Administration has become a complete shit show.
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AutisticClips
AutisticClips@AutisticClip·
Nick Fuentes and Alex Jones share an emotional moment together, as they both fought so hard for Donald Trump, just for him to end up burying the Epstein files and bringing America into another war
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Mario Nawfal
Mario Nawfal@MarioNawfal·
🚨🇺🇸🇮🇱 Tucker Carlson on the real story behind Operation Epic Fury: "Netanyahu demanded that we help them topple the regime, telling Trump: 'You can join me or not, but I'm going.' So you can either get on board, or contain Israel's war, try to be a moderating force, or tell them no, and they do it anyway." If Tucker is right, this reframes the entire operation. The White House sold this as America defending itself from an imminent Iranian threat. Tucker is saying it was actually Israel giving Washington an ultimatum: ride along or watch from the sideline while we do it ourselves. Source: @TCNetwork
Mario Nawfal@MarioNawfal

🇺🇸🇮🇷🇮🇱 Tucker Carlson says Netanyahu wanted this conflict for a Regime change in Iran: “This is the culmination of long-term strategy. A lot of what was happening here was preparation for where we are right now. People who wanted war in Iran were softening up the public for it, were manipulating the government in order to effect it, and were doing their very best to silence anyone who doubted its wisdom.” Source: @TuckerCarlson

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Koinly
Koinly@KoinlyOfficial·
You've probably heard that Gemini has pushed back on releasing 1099-DAs...so what now?  If you've imported your Gemini transactions into a crypto tax software, reviewed and reconciled them, you've actually already done the majority of the work. We know there's a lot of anxiety surrounding this new tax season, but the good news is, you still have plenty of time to file.  Once Gemini finally releases 1099-DAs, just:  🔵 Upload your Gemini 1099-DA to your crypto tax software. 🔵 Then generate your tax forms as usual.  (This year, txns on Form 8949 will most likely be marked as reported without cost basis)
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Richard Heart
Richard Heart@RichardHeartWin·
American's are just "better" at some things
Richard Heart tweet mediaRichard Heart tweet media
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Shehan
Shehan@TheCryptoCPA·
The IRS checks two things automatically when you file: (1) Do your Form 8949 proceeds match or higher than the 1099-DA they received? (2) Are gains/losses in the correct boxes (H for short-term, K for long-term)? Action: Get both right to avoid any IRS trouble.
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Skate, Snow & Crypto
Skate, Snow & Crypto@HexiBen·
@PaulBarba12 @turbotax Right, but then it doesn’t auto fill the forms for you, or did it? I had defi wallets when thousands of transaction, and this year TurboTax didn’t like them. Not only do they all ‘need review’ but it wouldn’t autofill the correct form. Idk it was too much.
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Paulieb.eth 🛡️
Paulieb.eth 🛡️@PaulBarba12·
@HexiBen @turbotax I asked Chat help and they told me You can upload your Koinly PDFs by selecting Documents at the top, then Add file. Navigate to where your PDF is saved, select it, and Open or Choose. Or, drag and drop the file into the upload. Repeat for all files you want to upload.
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Paulieb.eth 🛡️
Paulieb.eth 🛡️@PaulBarba12·
Hey @turbotax what is going on with your platform on crypto? Seems like you can no longer import reports and only can enter one by one transactions. You may lose many customers if this is not fixed. I may use Tax Act
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