Legacy Tax & Resolution Services

Ask the Crypto TaxMan: What about the different fees charged by the exchanges, can I write them off?

Ask the Crypto TaxMan:  What about the different fees charged by the exchanges, can I write them off?

As with any broker/securities fees incurred from cryptocurrency exchanges should already be part of the net proceeds.  So, in essence they are already factored in.  If that is not the case for some reason, these fees would need to added to the basis of the purchase

Share this post with your loved one!

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

Categories