Have you lost money on your crypto in 2019? We have good news for you

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The crypto markets had a volatile 2019, and that might mean you probably lost money on your cryptocurrencies. But don’t be desperate – we have some good news for you. There is a smart tax strategy called tax-loss harvesting that will help you reduce investment losses. Since crypto is treated as “property” under IRS rules, that means the same capital gains rules apply. So if you had losses from your crypto investments in 2019, you can:

• offset any gains you had in other positions and/or offset even ordinary income;

• use up to $3,000 USD in capital losses towards income you earned;

• save on your taxes!

All you need to do is to create a free account with ZenLedger, and we will walk you through the process. 

“Yes! I never thought I’d be so happy to see 47k in losses! I just bought the premium plan and will recommend your software to others.” –a client of ZenLedger.

Read this short article to learn more about crypto tax-loss harvesting.

Don’t delay! The deadline for realizing losses on your crypto is DECEMBER 31st. As a follower of CryptoSlate, you get a 15% discount to complete your tax-loss harvesting with ZenLedger before December 31st, 2019. Use coupon code CRYPTOSLATE15.