TBI's Crypto Tax Guide: Extend, Panic, File

Messari’s Unqualified Opinion #7 TL;DR: The extended US tax filing deadline is two weeks from today. I expect some selling pressure from the late retail filers, especially in the long-tail of crypto assets. Why? 1) The IRS and the big crypto companies have made it damn near impossible to report on anything other than plain vanilla trading records. 2) Many may have been hoping for a rebound in prices before settling up with Uncle Sam, a pretty bad strategy in hindsight for those who took that path. For the stragglers, never fear: I wrap up with some software solutions I’d recommend checking out that may aide your filing process.

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