It's that time of year again! As you prepare to file your taxes, it's crucial to understand the tax implications of owning #bitcoin. Unchained's Director of Client Solutions Connor Dent walks you through:

- Bitcoin as property for tax purposes
- The difference between acquisitions and dispositions
- Calculating capital gain or loss for classic sales
- FIFO and specific coin identification
- The benefits of using a bitcoin IRA to minimize tax obligations

Check out the Unchained trading desk: https://unchained.com/trading-desk/
Learn about the Unchained IRA: https://unchained.com/bitcoin-ira/

Note: The educational content in this video is designed around the United States. Nothing herein is catered to your specific circumstances, so please get advice from a tax professional in your local area.

0:00 Introduction
0:53 Bitcoin is property
1:18 Acquisitions vs. dispositions
1:37 Acquisitions
3:04 Dispositions
4:18 Determining capital gain or loss for classic sales
5:23 FIFO and specific coin identification
6:00 Minimizing tax obligations with a bitcoin IRA
6:33 Wrap up