Jon Lerner, Co-Founder and CEO of CoinTracker
Around The Coin
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Tax Filing Software? TurboTax?
Do you feel like there's a lot of ambiguity around reporting to a large degree or do you feel like it's pretty much simple to understand for the majority of cases? I would say that a lot of the bigger questions have now been clarified over the past few years. If something like a coin goes to zero, can you write off that as a loss or not? That still remains to be kind of addressed. And so, again, with CoinChalkers, since that change, we have actually applied a more favorable treatment of your taxes as the default option for users.
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