US Taxpayers Can Legally Avoid and or Lower Their Crypto Taxes, Here’s How

There are several ways to lower your capital gains taxes on crypto.

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The keyword for lower taxation is: “Earned Income.”

You must turn your crypto profits into “earned income” to lower your taxes.

And if you are a daredevil, you can move off-shore and utilize IRS — Form 2555, turn your profits into earned income, and avoid taxes on $126,500 of your income in 2024.

Yes, there is a catch.

The catch is, you must know what you are doing. The wealthy have been avoiding taxes for decades.

This is when I tell you about my How to Avoid Capital Gains Taxes course on Udemy. I’m registered with the IRS, so I can be held accountable. My name is Sandy Ingram. I am a retired U.S. ex-pat now traveling the world slowly. Follow me on Medium.