Tuesday, 14 March 2023

Reminder: Moving your crypto off exchanges to a self-custody wallet is not a taxable event

Some people may think you might have to pay taxes when you move crypto off an exchange. You do not. You can move crypto off, back on again, or to multiple wallets you own. No taxes need to be considered.

It's a transfer, not a transaction.

https://gordonlawltd.com/crypto-tax-guide/

submitted by /u/eagle_eye_johnson
[link] [comments]

source https://www.reddit.com/r/btc/comments/11qipfp/reminder_moving_your_crypto_off_exchanges_to_a/

No comments:

Post a Comment