Not Financial, Tax, or Legal Advice
Nothing on this site is financial, investment, tax, accounting, or legal advice. Our articles explain general rules and use simplified examples. They can't account for your income, filing status, state of residence, holding history, or other circumstances. Before making decisions about your taxes or investments, consult a qualified professional such as a CPA, enrolled agent, tax attorney, or registered investment adviser.
Tax Figures Change
Tax brackets, thresholds, and state rules change every year, and sometimes during a year. We say which tax year each figure applies to and link to the official source. Before filing, check the current figures with the IRS or your state revenue department.
Crypto Risk Warning
Cryptocurrencies are highly volatile and can lose most or all of their value. Crypto held on an exchange generally isn't protected by FDIC or SIPC insurance. Transactions are usually irreversible, and lost seed phrases generally can't be recovered. Only invest money you can afford to lose.
Affiliate and Advertising Disclosure
Our guides currently contain no affiliate links. If we add affiliate links, we may earn a commission when you sign up through them, at no extra cost to you. Any page with affiliate links will say so near the top. If we show advertising, ads will be labeled and kept separate from editorial content. Payments never decide which products we cover or what we say about them.
No Endorsement
Naming an exchange, wallet, card, or other product is not an endorsement or a recommendation to use it. Fees and features change often, so check the provider's official site for current terms.