How to Pay Your Crypto Taxes in 2021 with Clinton Donnelly

02/15/21 • 45 min

How to Pay Your Crypto Taxes in 2021 with Clinton Donnelly

We once again approach the time of year that most people face with fear and loathing... tax season. And with crypto now part of the equation, many people have no clue how to calculate their crypto taxes and keep the IRS at bay. In this episode, we’re pleased to welcome Clinton Donnelly back to the show to provide all the latest tax info and answer our questions.

You might not want to listen to a show about taxes, but you should. And we promise to do it with humor so as to ease your pain.

A spoonful of sugar helps the crypto tax forms easier to fill out. So get ready for a sugar load on episode #487 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/487

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If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

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$ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328
$LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr
$DOGE Dogecoin: DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5

DISCLAIMER:
Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

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See omnystudio.com/listener for privacy information.

How to Pay Your Crypto Taxes in 2021 with Clinton Donnelly

You might not want to listen to a show about taxes, but you should. And we promise to do it with humor so as to ease your pain.

A spoonful of sugar helps the crypto tax forms easier to fill out. So get ready for a sugar load on episode #487 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/487

SUBSCRIBE, RATE, & REVIEW:

Apple Podcast: http://badco.in/itunes
Google Podcasts: http://badco.in/google
Spotify: http://badco.in/spotify

DONATE CRYPTO TO THE SHOW:
If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.

Previous Episode

Tesla Goes In on Bitcoin - Bad News For Feb 11, 2021

Tesla Goes In on Bitcoin - Bad News For Feb 11, 2021

He need only wave his magic wand and things happen. No we aren’t talking about Houdini. We’re referring to Elon Musk, the world’s richest man. He announced that Tesla now owns $1.5 billion in Bitcoin, and the markets reacted with great delight. $50,000 is now in sight as some speculate that Apple could be the next domino to fall in line with Bitcoin acquisition. In fact, Bitcoin has now overtaken gold as the 4th most popular investment vehicle in the United States.

Altcoins are rallying as well as DOGE surges to new heights and WAX rises on news of massive growth. And speaking of WAX, the NFT world is exploding as Capcom’s Street Fighter prepares to launch their NFT series and the Blockchain Heroes just like the stonks.

Welcome to our “you can check-in time any time you like but you can never leave” Bad News episode #486 of the Bad Crypto Podcast.

Full Show Notes at: http://badco.in/486

SUBSCRIBE, RATE, & REVIEW:

Apple Podcast: http://badco.in/itunes
Google Podcasts: http://badco.in/google
Spotify: http://badco.in/spotify

DONATE CRYPTO TO THE SHOW:
If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.

Next Episode

Bitcoin Breaks $50,000! Bad News For Feb 18th, 2021

Bitcoin Breaks $50,000! Bad News For Feb 18th, 2021

It seems like just one year ago that Bitcoin was at $9600. In fact, one year ago on this date, one Bitcoin was worth $9618. Fast forward to today and we are more than five times that as Bitcoin has skated across the $50,000 threshold and even tapped $52K.

Uber may start accepting Bitcoin for rides, Dapper Labs is crushing it with NBA Top Shot and a new $2 Billion dollar valuation, and Elon Musk says Mars settlers will use crypto for transacting, perhaps a Marscoin.

Over 10 years ago, you could buy 2 pizzas for 10,000 bitcoin. Well, we’ve come full circle as 2 bitcoin can now buy you 10,000 pizzas. So come have a slice with us as we ponder this week’s current events on our bad news episode #488 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/488

SUBSCRIBE, RATE, & REVIEW:

Apple Podcast: http://badco.in/itunes
Google Podcasts: http://badco.in/google
Spotify: http://badco.in/spotify

DONATE CRYPTO TO THE SHOW:
If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.