Tax-loss harvesting is the process of selling a cryptocurrency that is trading at a loss in order to “realize” that loss for tax purposes. By “harvesting” the loss, investors can offset taxes on both capital gains and income.
In this webinar, we’ll take a look at how tax-loss harvesting works and how you can use it to reduce your tax burden with Pat Larsen, CEO of ZenLedger, and Andrew Gordon, JD/CPA, an expert in cryptocurrency taxation and legal structures.
- What tax loss harvesting is, and how skilled investors use it to strategically lower their tax liability
- What are the legal requirements around tax-loss harvesting
- How to offset any capital gains you have in other positions and even ordinary income
- How to save up to $3,000 a year in income taxes with tax-loss harvesting
If you have additional questions, please email us at [email protected]