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Crypto Investors: Avoid 3 Easily Missed Tax Mistakes Next Year

GOBankingRates
Summary
Nutrition label

64% Informative

Tax agencies worldwide are ramping up their abilities to track crypto transactions.

Federal taxes aren’t your only liability.

States and even some local jurisdictions have their own rules regarding cryptocurrency taxation.

Make sure you double-check your dates and decimal places, because mistakes here can really cost you.

VR Score

51

Informative language

39

Neutral language

49

Article tone

informal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

7

https://www.gobankingrates.com/taxes/filing/capital-gains-tax-on-stocks/?hyperlink_type=manual&utm_term=incontent_link_5&utm_campaign=1303625&utm_source=yahoo.com&utm_content=7&utm_medium=rsshttps://www.gobankingrates.com/saving-money/car/suvs-with-most-reliable-engines/?hyperlink_type=manual&utm_term=incontent_link_2&utm_campaign=1303625&utm_source=yahoo.com&utm_content=3&utm_medium=rsshttps://www.gobankingrates.com/taxes/tax-laws/tax-loopholes-the-rich-use-to-pay-less-and-build-more-wealth/?hyperlink_type=manual&utm_term=related_link_1&utm_campaign=1303625&utm_source=yahoo.com&utm_content=2&utm_medium=rsshttps://www.gobankingrates.com/investing/crypto/best-cryptocurrency-to-invest-in/?hyperlink_type=manual&utm_term=incontent_link_1&utm_campaign=1303625&utm_source=yahoo.com&utm_content=1&utm_medium=rsshttps://www.gobankingrates.com/taxes/filing/biggest-mistakes-gen-z-will-make-on-taxes-this-year-according-to-experts/?hyperlink_type=manual&utm_term=incontent_link_3&utm_campaign=1303625&utm_source=yahoo.com&utm_content=4&utm_medium=rsshttps://www.gobankingrates.com/investing/crypto/what-end-to-biden-administration-crypto-tax-rule-could-mean-for-finances/?hyperlink_type=manual&utm_term=incontent_link_4&utm_campaign=1303625&utm_source=yahoo.com&utm_content=5&utm_medium=rsshttps://www.gobankingrates.com/money/economy/trump-wants-to-eliminate-income-taxes-what-that-would-mean-for-economy-and-wallet/?hyperlink_type=manual&utm_term=related_link_2&utm_campaign=1303625&utm_source=yahoo.com&utm_content=6&utm_medium=rss

Source diversity

1

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