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Tax filing of Crypto Earnings in Canada?
Is it fine to file earnings on crypto after cashing out to the bank?
Read the cra site about the guidelines on crypto,
my plan is to include in tax filing after cashing out to the bank.
Losses can file up to 3 years if you dont have capital gains to offset, thinking it would be ok to do the same on capital gains,
Concern is Crypto is too volatile, you pay for the taxs on gains already then by suprise you loss everything.
Please let me know some ideas on what is the best thing I can do in my favor.
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