What are the tax implications of holding digital assets in a self-directed IRA?

1 answers

• Gerry PalomarJun 26, 2021 · 4 years ago
  At BYDFi, we understand the importance of tax compliance when it comes to holding digital assets in a self-directed IRA. While we cannot provide personalized tax advice, we can offer general information. The tax implications of holding digital assets in a self-directed IRA can vary depending on individual circumstances and the specific digital assets involved. It's recommended to consult with a tax professional who can provide guidance based on your unique situation. Remember to keep accurate records of your digital asset transactions and stay informed about any changes in tax regulations that may affect your IRA holdings.
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