How many Bitcoins are left? What is THORChain? 1. How Do I Report My Cryptocurrency Gains and Losses on My Taxes? As seen in the video below, CoinLedger (formerly called CryptoTrader.Tax) natively integrates with Exodus so that users can import transactions and generate their needed tax reports with the click of a button. How regulators can pave the way for crypto to succeed, Binance update 2022: New BNB coin burn and a new HQ. Apply for the Job in Vice President of Finance at Superior, WI. You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CoinLedger. At this time, Exodus does not report transactions to the IRS. Here's why it's not too late to buy Bitcoin, BTC vs ETH: Should I buy Bitcoin or Ethereum? If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Exodus, Exodus can't provide complete gains, losses, and income tax information. An Honest Review, Zcash vs. Monero: Everything You Need to Know | ZEC vs. XMR, Best Monero Mining Hardware and XMR Mining Comparison 2021 (Recently Updated). You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CoinLedger. Ontology coin news and ONT ID update 2021, Why contests are better than grants for a healthy crypto community, The future of supply chain on the blockchain, Exodus Top 10 Most Influential People in Crypto: Vinny Lingham. Click "Import a file", and adjacent, click "Continue.". Washing Tableware In A Three Compartment Sink, All Transformations That Result In A Similar Image. Bitcoin Unconfirmed Transactions. First, if you win more than $1200, the casino will withhold 25% of your winnings for taxes. The next highest cities are San Luis Obispo, CA (172 to 100) and Palo Alto, CA . does metamask report to the irs, hmrc, ato, and other tax authorities Since Metamask is a DeFi wallet, it doesnt report to tax authorities like Coinbase or Binance do. Everything You Need to Know. Import your transaction history directly into CoinLedger. The quick answer is that, yes, casinos are required to report your winnings to the IRS. Ia percuma untuk mendaftar dan bida pada pekerjaan. Fair Market Value - Cost Basis = Capital Gain/Loss. Founded in 2015, Exodus is a multi-asset software wallet that removes the geek requirement and keeps design a priority to make cryptocurrency and digital assets easy for everyone. Monero vs. Bitcoin: Which is the True King of Privacy? (2022 updated). Once you have your calculations, you can fill out the necessary tax forms required by your country. . For the 2022 tax year, taxpayers will follow guidelines set forth by the old IRS rule you should receive a 1099-K form if you earned at least $20,000 or received at least 200 transactions. If you sell BTC for $11,000 and pay $500 in fees, the IRS will allow you to deduct $500 from the proceeds amount and report . Navigate to your Exodus account and find the option for downloading your complete transaction history. What is Staking Crypto? Exodus Top 10 Most Influential People in Crypto: Gavin Wood, Exodus Top 10 Most Influential People in Crypto: Andre Cronje, Jobs you can do in crypto without tech skills, Exodus 7 Most Trustworthy Sources for Crypto Info. Kraken and Binance are hiring, $258 billion lawsuit puts Musk in the Doge house, What Is Etherscan, and why you should use it, Public pressure forces Solend u-turn on seizing user funds, Suspicions emerge of major losses at crypto lender BlockFi, Crypto notables mock stock-to-flow price prediction model, U.S Labor Department doesnt want you to have crypto in your 401k, Uniswap enters NFT market though Genie acquisition, Binance partners with Cristiano Ronaldo for NFTs, Voyager app lowers daily withdrawal limits - crisis continues, Harmony blockchain loses $100m in exploit, Polygon brings (carbon) positivity to crypto, Crypto liquidity crisis rumbles on, Nexo issues cease and desist, The most popular and safe DeFi wallets in 2022, US regulators move forward with crypto laws and CBDC, Russian parliament approves tax break for issuers of digital assets, Grayscale lines up market makers for potential ETF approval, Roger Ver defaults on uncollaterlized $47 million CoinFLEX loan, Grayscale sues SEC following Bitcoin ETF rejection, Blasts from the past: Napster and LimeWire coming to Algorand, How to Buy Bitcoin in Hawaii: The Easy Way! Should I Buy Bitcoin Now? 4 min read. By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedger is able to track your profits, losses, and income and generate accurate tax reports in a matter of minutes. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright by ModelTheme. Google Labs sets up new blockchain team: what's next? A new window pops up which says Add to Chrome. But to give affected parties time to prepare for the transition, reporting will continue to go by the "old rule" through December 31, 2023. Exodus also doesn't require you to link a bank card to make deposits and withdrawals. EU reaches agreement on crypto regulation framework, $25 billion of stablecoin dry powder amasses on crypto sidelines, Is Bitcoin legal in Russia? TikTok gaming head switches to blockchain. Exodus interviews Alpha League @Solana Hacker House, Solana Mobile Stack (SMS) Insights w/ Steven. 2023 SELECT | All rights reserved. Robinhood's crypto arm fined $30 million by financial regulator, Proof of Work: The King of Security and Decentralization, Crypto firms register with EU regulators ahead of legislation, Stablesats: bringing stable payments to Lightning Network, U.S. sanctions currency mixer Tornado Cash, Blackrock launches direct BTC exposure for US investors, What is WalletConnect, and how to use it in Exodus, 100k transactions per second? Their code is not 100% open source so we have to trustbut CAN'T VERIFY. Layer on the depth and technical components that exist with cryptocurrencies and tax reporting gets even more complicated. The state of Ethereum, August 2022, Tether hires top accounting firm for monthly proof-of-reserve reports, Moviecoin NFTs let you become a film investor, Where to buy XRP? Other than the fees that go to the network, Exodus does not charge fees for sending or receiving. When you fulfill the above conditions, Coinbase, like other . How do Polkadot and Kusama parachain auctions work? What is a Crypto Credit Card? Will cryptocurrencies replace fiat money in the future? Does exodus report to irs. Income taxation- Individuals and corporations are taxed on the amount of coin they earn or profit. All Rights Reserved. Does Exodus report user transactions in any manner, type, or form, to the IRS? Exodus Wallet should exist opened beginning, At present, go to the Bitcoin wallet (BTC, BSV, or BCH Wallet), Then pick "Export Xpub" from the triple-dot option for Bitcoin-related wallets (BTC, BSV BCH, etc. In contrast, Exodus gives you options. Import the file as is. The gas fee is $200. The decision by some law and medical schools to withdraw from the U.S. News & World Report rankings has put a spotlight on the relative . Comparison the performance of various assets at i go is some other benefit. For example, someone might not report income from a bank account. Yes, Coinbase reports to the IRS. There are two ways to do this - and one is much simpler than the other one: Use the Exodus API with crypto tax software. Comparing the performance of various assets at one go is another benefit. Because most investors transfer their cryptocurrency between different wallets and exchanges, it can be difficult to determine cost basis for your crypto-assets.. Connect CoinLedger to your Exodus account with the read-only API. For the tax year 2023, the IRS will use a lower threshold of at least $600. Use the drop-down bill of fare to choose Exodus Wallet Pro. | How to Buy BTC in Hawaii 2022. You won't receive tax forms triggered by the "$600 rule" until next year. In the past, the IRS has partnered with contractors like Chainalysis to analyze blockchain transactions and crack down on tax fraud., In the future, its possible that Exodus will be required to report to the IRS. Looking to report your Exodus Wallet transactions to the IRS?, Trying to report taxes on your cryptocurrency wallets can be difficult, especially if you have a large number of transactions or youve transferred your cryptocurrency between different platforms., In this guide, well break down everything you need to know about how Exodus Wallet transactions are taxed. On multiple cryptocurrency assets, you tin can see your transaction dates more than clearly. If you dont want to link your Exodus wallet with Accointing directly, you lot can also exercise so by importing a CSV file containing your history of trades, withdrawals, and deposits. Tax. Thus, if . To examine Exodus Wallet's fiscal performance, earnings, and losses, you must select the correct starting time and stop dates. If you use the Exodus tax reporting API with a crypto tax app - all your Exodus transaction history will be automatically imported to your chosen app. It sends Forms 1099-MISC to the IRS for U.S. traders who made more than $600 in crypto rewards or staking. At present, the toll basis is $1,200. Received export:Only the ones that went through your wallet. This capital gain is a form of income. In 2021, John will have to report his crypto holdings alongside other requirements, but he will not pay any capital gains tax on his crypto since he is . . How bot trading influences the crypto market. Here's How to Decide. Just to be clear, none of what we mention in this article is financial advice. How will crypto react as interest rates rise? In the early days of crypto, the IRS was slow to go after people who didn't report crypto taxes. They must also verify whether the payments were made using personal or business checks, cash, money orders, cashier's checks, or bank drafts. Step 3 - Fill in the transaction form. Even if you didn't hit these thresholds and don't expect to receive a 1099-K, you must still report all taxable income. After you import Exodus Wallet transactions into Accointing, your portfolio report will brandish on the Accointing dashboard. CSV- Export transaction history from Exodus wallet and import into Accointing. See rates and fees and our methodology, terms apply. At this time, Exodus does not report transactions to the IRS. Covenant even sports the same UI as its predecessor. Future of Cryptocurrency: Predictions after 10 Years of Crypto, How to Create a Cryptocurrency & How to make a Cryptocurrency token, Bitcoin crash history: why did Bitcoin crash & why Bitcoin will drop again, Cryptocurrency Taxes USA: Your Guide to Crypto Taxes for 2020, Everything You Need to Know about Ontology Coin (ONT), Litecoin vs. Ethereum: The Up to Date Comparison, 2020's BEST Monero Pools | Monero Mining Pool Comparison, Ethereum Proof of Stake Date: Date + What You Need to Know, 2020's Best GPU for Mining (Most Up to Date Guide) | Best Mining GPU, The Best Coin to Mine in 2021 | List of Best Cryptocurrencies to Mine, Proof of Work vs. IRS recently implemented this id.me id verification thing and I only went through it because i had to. Research salary, company info, career paths, and top skills for Vice President of Finance Step 4 - Access your Binance account. Connect your account by importing your data through the method discussed below. Let CoinLedger import your data and automatically generate your gains, losses, and income tax reports. Is Bitcoin Legal? File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct. When Was Bitcoin Created? we asked crypto tax expert Ben Lee The implementation of the Internal Revenue Service's "$600 rule" is being postponed until next year, giving affected taxpayers one more year before they may start receiving tax forms triggered by the new lower reporting threshold. To do your cryptocurrency taxes, you need to calculate your gains, losses, and income from your cryptocurrency investments in your home fiat currency (e.g. Simple brokerage service for popular coins Coinmama. The default network for all Metamask wallets is the Ethereum Mainnet. How many Bitcoins are there? Heres how Bitcoin Can Help. but has already played in tournaments in Utah, Texas and Nevada. Experts are optimistic about TRONs future price performance, but can only bet on the token reaching $1 in the next five years. All Ethereum transactions have a gas cost. Example of Fees when Selling Cryptocurrency. Major high-end retailers have also fled Chicago's Magnificent Mile and other popular shopping locations under Lightfoot's watch. Examples of unearned income include salaries and commissions, for example (interest, or dividends). Banks must report the number of related deposits when submitting Form 8300. This allows your transactions to be read in directly from the blockchain. Combines teaching and research in a rich learning environment for optimum returns from over ten supporting and. Equally a issue, Exodus was . This means that anytime you move crypto assets off of, or onto, an exchange like Coinbase from another location, Coinbase completely loses the ability to provide you with tax information that you need for capital gains and losses reporting. Learn about self-custody | Exodus Wallet Review, Bitcoin of America: Why the United States can't ban Bitcoin, Cardano Staking: How to Stake Cardano in Seconds, The Safest Way to Store Bitcoin: Bitcoin Hardware Wallets & Hot Wallets, The Best Bitcoin Joke Collection on the Internet | BTC Jokes, Should I buy Bitcoin now? This form details each of your cryptocurrency taxable events. But the exodus has also called attention to the lack of other easy-to-find reliable information available to consumers to help them make one of the most consequential and expensive investments in their . As a result, Exodus was unable to report any information to IRS even if they chose to. The Top 3 Financial Regulators Under Biden and What they Think of Crypto, The 4 Big-Name Crypto Companies Planning Public Offerings in 2021. If you want to use Exodus, you do not have to give out any personal information like your name or address. Historical prices, dates, and fair market values for all of your trades and transactions will be retrieved automatically by the software. Cryptocurrencies themselves are not taxed outright. USDollar, Australian Dollar, etc.). Yes. Exodus supports importing data via read-only API. A Roundup of parachain auction winners, Ukraine and FTX partner on website for crypto donations, Why the next network update could make the price of ETH skyrocket, Exxon expands gas to BTC operations & Russia may accept crypto for gas and oil, Donating Bitcoin and other crypto to charity, Coinbase transfers to require recipient info in Canada, Singapore and Japan, EU votes to force verification of crypto transactions, Dubai school now accepts crypto payments for tuition fees, Worst crypto mistakes that investors ever made. Naturally, it bears mentioning that Crypto.com can only report crypto assets and transactions to the IRS that are held and done through their own platform. The reporting requirement is an effort to reduce the country's annual tax gap the difference between taxes owed and taxes paid which the IRS estimates to be roughly $166 billion per year . 3 Click the Export Safe Report button. Regardless of whether you receive Coinbase tax documents, U.S. citizens need to report all crypto earnings on your tax returns. After you import Exodus Wallet transactions into Accointing, your portfolio report will display on the Accointing dashboard. Those employing freelancers and other independent contractors should be sure to make them complete a W-9 form just before they start working. Is Bitcoin mining profitable? Ripple on-demand liquidity - how does it work? Gather evidence of the fraud. For more information, check out our complete guide to how cryptocurrency is taxed. ANX005 Demonstrated Full C1q Target Inhibition and Was Generally Well-ToleratedDisease Progression Stabilized in Overall Patient Population Through the Nine-month Study Rapid Impr Id like to copy the file containing the Metamask wallet seed to another machine and have that Metamask installation use it. Transactions made using MetaMask are registered on Ethereum blockchain and are publicly available. The Morning Report 3/3/23. This allows automatic import capability so no manual work is required. Select independently determines what we cover and recommend. Luckily, CoinLedger can help. The equation below shows how this works. If you have any questions, With the end of the tax year Kaydolmak ve ilere teklif vermek cretsizdir. El Salvador: is the Bitcoin experiment working? those big fiscal Prompts from companies such as Ebay and Ticketmaster are the result of tax code changes that were canceled Exodus exports a complete Transaction History file to all users. Report the old one stolen/compromised, get a new one, use it in the account recovery process. Major Apple suppliers are shifting manufacturing capacity outside of China, with Vietnam and India being their top destinations, as firms struggle with supply disruptions and geopolitical tensions. Magnificent Mile Migration Lightfoot was the first Windy In the meantime, the old rule remains in place through December 31, 2023. Just like these other forms of property, cryptocurrencies are subject to capital gains and losses rules, and you need to report your gains, losses, and income generated from your crypto investments on your taxes. Exodus Wallet must be linked, and transaction imported earlier Accointing is possible. How to HODL: a guide to saving in Bitcoin (BTC). Venmo) is required to withhold 24% of those payments and send it to the IRS for backup withholding. Rates fluctuate based on your tax bracket as well as depending on whether it was a short term vs. a long term gain. However, it's important to remember that all transactions on your Exodus wallet are publicly visible on the blockchain. SegWit Explained in a Way You Can Understand. Source: IRS. However, its important to remember that all transactions on your Exodus wallet are publicly visible on the blockchain. What is Balancer (BAL), and how does the BAL token work? How to Report Cryptocurrency On Your Taxes, complete guide to how cryptocurrency is taxed, Get started with a free preview report today. What are the biggest crypto and blockchain topics to follow in 2022? Eco Cryptocurrency: What's the "Greenest" crypto? Reporting Trust Wallet Taxes. You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CoinLedger. David Whitney; Freedom Project Media-Homeschooling-Duke Pesta; Freedom . With this data, the software can generate your required tax reports. Under the old rule, this threshold was earnings of at least $20,000 or receiving 200 or more transactions, whichever comes first. Why Cant My Exchange Provide Me with Tax Documents? Exodus Tax Reporting You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CryptoTrader. What are Bitcoin silent payments, & how does Bitcoin privacy work? Terms apply, see below for our methodology. The American infrastructure bill requires all cryptocurrency brokers to issue 1099-Bs to users and the IRS starting in the 2023 tax year. March 1, 2023. Again, keep in mind that even if you've been receiving transactions as a business but didn't earn enough to trigger the 1099-K form, you must still be prepared to report your taxable income. To calculate your capital gain or loss for whenever you dispose of your cryptocurrency, you simply subtract your cost basis in the asset from the fair market value. YES you can buy some Bitcoin with US dollars inside of Exodus! Blue Business Cash Card from American Express, Blue Business Cash Card from American Express, Managing expenses can be a chorethese 5 apps for small business owners makes it a little easier, Here's how you can file your taxes for free, How this couple paid off $45,000 of debt in 17 months, even after making 'a lot of mistakes', These top small business cards can earn you up to 5X rewards on everyday expenses, Find credit cards for travel, cash back, and more at our card marketplace, Here's how much Americans have in their retirement accounts and what it means for you, Earn 3,000 bonus points every two nights with this new Hyatt promo, Record-high credit card debt outpaces over a third of Americans' savings, Step-by-step guidance with a Q&A format that is easy to follow, TurboTax Live provides on-demand advice and a final review from a tax expert or CPA, Live Full Service has a tax expert prepare, sign, and file your return, Audit support, which provides free assistance if you get an IRS or other tax notice, Live expert assistance plans have additional costs, Simple step-by-step guidance that's easy to follow, Unlimited on-demand chat or video support with Online Assist plans, Ability to speak to a tax expert who has an average of 10 years experience (costs extra), Over 11,000 physical locations so you can meet with a tax expert in-person, Maximum refund guarantee, or H&R Block will refund the plan fees you paid, Audit support guarantee, which provides free assistance if you get an IRS or other tax notice, 100% accuracy, or H&R Block will reimburse you for any penalties or interest up to $10,000, Plans that include speaking with a live tax expert cost more for federal returns. If you receive interest of at least $10, the IRS will send you a Form 1099-INT, Interest Income, in January 2021. Winners and Losers of Interstate Migration. The Form 1099-K is a reporting form meant specifically for transactions made through third-party network transaction platforms like Venmo, Cash App and PayPal. Add $6,200 to your base cost. Earn 1.5% cash back on every purchase made for your business, Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening, 0% for the first 12 months from account opening on purchases; N/A for balance transfers, Either $5 or 5% of the amount of each transfer, whichever is greater, Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% cash back earned is automatically credited to your statement. How will smart contracts work on Cardano? However, there are a few things to keep in mind. Its important to remember that staking rewards are taxed as income based on the fair market value of your cryptocurrency at the time of receipt. Exodus the company does not have access to your wallet or crypto. Income tax Individuals and corporations are taxed on the amount of money they earn or profit. The solution to this problem is to aggregate all of your cryptocurrency data across all of the platforms you use so that you can then build your holistic tax reports. Cookie Notice Step 2 - Select Ethereum Wallet. Is the Bitcoin blockchain the next stop for NFT hunters? This may change in the near future. Exodus exports a complete Transaction History file to all users. For more information, please see our Already at 1.6k and it feels really good. Ben heads, Its tax season and you probably owe the government some money if youve been About this rating. Decentralized finance vs centralized finance (DeFi vs. CeFi). Go into your TaxBit Account, click Add Transactions Click Add Wallet Choose Metamask. Other Circumstances: Technically, the IRS can request transaction data for any bank account at any time. Tap / Click on 'System Settings'. View the job description, responsibilities and qualifications for this position. This is true of all other major cryptocurrency exchanges. . Exodus Tax Reporting You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CryptoTrader. Exodus Wallet Hacked? Exodus Global is a privately held, family business with deep ties to Superior, Wisconsin, and is a leading manufacturer of heavy equipment attachments used in the scrap, recycling, and demolition industries. Exodus Wallet is completely non-custodial, which means that all your assets are stored on your computer and cannot be accessed by anyone else. Beverly Hills, CA has the highest inflow so far this year with a move ratio of 248 moves in for every 100 moves out. Everything You Need to Know, Universal Basic Income UBI Will Drive the Next Bitcoin Bull Run, Ripple vs Bitcoin: A Complete Comparison | XRP vs Bitcoin | Ripple Coin vs BTC, Ripple Cold Storage: Best Way to Secure Your XRP, VeChain Staking: How to Stake VeChain & Earn VTHO | How To Mine Vechain, How to Buy Tron with Crypto, USD, and Credit Card, What is ADA Cryptocurrency and How to Buy Some Fast. VeChain news update 2021: what is Sync 2? Select the Ethereum coin within the Exodus wallet., 2. Plus, taxpayers needed more time to separate personal versus business payments to prevent misidentified payments from being reported on the form. Last year, 3.8 out of every 1,000 returns, or 0.38%, were audited by the IRS, according to a recent report using IRS data from Syracuse University's Transactional Records Access Clearinghouse. Simple Explanation. ), Look at the Path that was used to export your Keys; When you open the file, copy, and save the 1st Key (Xpub). Within the CoinLedger platform, select Import and select the option Ethereum Wallet., 4. Apply for the Job in Vice President of Finance at Superior, WI. Exodus Tax Reporting You can generate your gains, losses, and income tax reports from your Exodus investing activity by connecting your account with CryptoTrader. For example, consider the following: If you have documents that show fraud, keep a copy of them. Crypto revolution: is it time to cancel your bank? Online platforms and cash transfer app companies that sell items such as clothing and concert tickets for over $600 are said to be required to provide social security numbers, even though the IRS says they aren't required. Coinbase. Because you can send cryptocurrencies from other platforms onto exchanges like Coinbase at any time, the exchange itself has no possible way of knowing how, when, where or at what cost you acquired that cryptocurrency that you sent. It is not their fault however, as it stems from the transferability of cryptocurrencies. Does Exodus Wallet Report to the IRS? You can save thousands on your taxes. 5 Alternatives to HODLing: More Ways to Profit with Crypto, Ethereum Classic Future: Here's What's Next. Your wallet should exist called "Exodus Wallet Pro," and you should choose your downloaded CSV file. So, whoever is pulling Joey Sponge-Brain Shits-Pants' strings actually pulled one that for once in a blue moon got an instantaneous freakout from the wrong audience: their own party (forced to break my embargo and link to the NY Post for this one):. This means that capital gains and capital losses rules apply to cryptocurrencies just like they apply to stocks. Wang Chao, a spokesman for the . The IRS classifies cryptocurrencies as property for tax purposesnot as currency. Is exodus wallet regulated? In this case, Etsy report sales to the IRS on Form 1099-K, so basically, you do not have to worry about making additional reports on your own. Will ApeCoin DAO leave Ethereum for Flow or Avalanche? How to avoid IRS imposter scams. The trouble with Exodus's reporting is that it only extends as far as the Exodus platform. Yes, there is a capital gains tax as well as an income tax on crypto income in the United States. How Does Exodus Wallet Tax Reporting Work? 6 Crucial Bitcoin Predictions for 2021: How Many Have Come True So Far? It's unlikely Exodus reports to the IRS. Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. Tax reporting feature MetaMask Tax reporting feature Updated 7 months ago The information in this article is out-of-date. Algorand Staking: How to Stake Algorand in Seconds! However, this will not capture transactions made on different blockchains (such as transactions executed on Solana or Cardano)., 1. Exodus is not registered, licensed or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.. Do crypto exchanges report to IRS? This FAQ is designed to keep you informed and help you gain an understanding of how cryptocurrency taxes work in the U.S. Select "Import All" from the driblet-downwards menu. If you incur a taxable event during the year, you will have a tax reporting requirement. Does Exodus report to the IRS? Because it is a centralized exchange based in the U.S., it is required by law to report users' activity with a Form 1099 . Unlike exchange platforms, Exodus does not keep any of the transaction fees charged for withdrawing bitcoin (BTC), Ethereum (ETH) or any other cryptocurrency.

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does exodus report to irs