Transcribed

The IRS Wants to Tax Your Frozen Crypto

Mar 8, 2023 · 17m 15s
The IRS Wants to Tax Your Frozen Crypto
Description

Listen to Bloomberg Crypto on thehttps://www.iheart.com/podcast/1308-bloomberg-crypto-97453276/, https://podcasts.apple.com/us/podcast/bloomberg-crypto/id1623197303 or https://open.spotify.com/show/71pMAa4Ba0rbPNXMcDXywG. Voyager. Celsius. Genesis. And of course, FTX. All major crypto companies that went bankrupt last year. All names we’ve talked a...

show more
Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Voyager. Celsius. Genesis. And of course, FTX. All major crypto companies that went bankrupt last year. All names we’ve talked a lot about on this podcast.  But even if you’ve heard of these companies, did you know there’s a tax season quirk for US investors who had digital tokens tied up in accounts on these platforms? These investors have lost access to these funds while bankruptcy cases wind through the court system, and in some cases they’re going to have pay taxes on those assets.  Bloomberg’s Claire Ballentine, and Bloomberg Tax reporter Lauren Vella join this episode to help crypto investors who are dreading US tax season. We also connect with a crypto investor who owes tax on his losses.  Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter  This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer:  Desta Wondirad.See omnystudio.com/listener for privacy information.
show less
Information
Author Bloomberg
Organization iHeart Podcasts
Website -
Tags
-

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search