Global Stock News

How can I claim my crypto loss? Ask Susan

How can I claim my crypto loss? Ask Susan

Ask Susan Edmunds logo

RNZ money correspondent Susan Edmunds.
Photo: RNZ

Got questions? RNZ has a podcast, ‘No Stupid Questions’, with Susan Edmunds.

We’d love to hear more of your questions about money and the economy. You can send through written questions, like these ones, but even better, you can drop us a voice memo to our email [email protected].

You can also sign up to RNZ’s new money newsletter, ‘Money with Susan Edmunds’.

If someone was to make a loss trading crypto, how does one write those losses off against other income?

Inland Revenue has been cracking down on crypto-trader income recently and warning that people who have been making money probably need to pay tax on it.

You’re right that you can also claim losses you make on your…

Source link

Share this article

Scroll to Top