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Losses from investing in crypto aren’t all bad- they can save you thousands of dollars on your tax bill. Learn how your losses from crypto can be used to offset your other income. In this video, Miles Brooks, CPA and crypto tax expert at CoinLedger explains how crypto losses work to your benefit on your tax return. ✅ Get started with CoinLedger, the crypto tax platform trusted by more than 300,000+ crypto and NFT investors. Generate a free preview report today: https://bit.ly/3LtPfB4 📚 Learn more about CoinLedger: https://coinledger.io/ ✅ Recommended Videos: Crypto Tax Loss Harvesting 101: • Cryptocurrency Tax Loss Harvesting 101 - S... 📚 Check out our other guides to learn more about crypto losses https://coinledger.io/blog/how-to-han... https://coinledger.io/blog/cryptocurr... 🔴 Subscribe for more tax tips: / @coinledger 🔴 Connect with us on social media: Miles’ Twitter: / milesbrookstax CoinLedger Twitter: / coinledger ✅ Recommended Video: Crypto Taxes 101: Step-By-Step Guide: • Crypto Taxes 101: The Complete Step-by-Ste... Timestamps: 0:00 Introduction 0:40 Can I write off crypto losses on my taxes? 1:31 Example how crypto losses work 2:21 What if I don’t want to sell my crypto? 2:46 When should I sell my crypto? 3:40 How can I harvest my losses? #Cryptocurrency #CryptoTaxes #CryptoLosses #TaxLossHarvesting