1Yr·

Crypto and taxes

This may sound silly now, but I was hoping that $ATOM (-4.13%) will only make up the difference to the other altcoins next year, because the €600 allowance has already been taken away for this year.

Regarding taxation.

I know that:

600€ free for crypto assets
Tax-free after one year of holding

Questions:

move between wallets relevant?
Staking?

Googled both but not satisfied.

22 Comments

Dividende > Zinsen@GoDividend

1Yr

@DonkeyInvestor? Do you have an answer?

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Nostradonkey💩@DonkeyInvestor

1Yr

@GoDividend Sorry, I'm not a tax consultant. I'm just guessing

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Moritz@leveragegrinding

1Yr

@DonkeyInvestor that helps too, bring it on

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Nostradonkey💩@DonkeyInvestor

1Yr

@leveragegrinding Moving between wallets should not matter as long as you can prove how long you have held them. Staking = holding period of 10 years

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Moritz@leveragegrinding

1Yr

@DonkeyInvestor wtf 10 years I'm death 🌚

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Nostradonkey💩@DonkeyInvestor

1Yr

@leveragegrinding right. Poor @Lorena

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Moritz@leveragegrinding

1Yr

@DonkeyInvestor which also

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Lorena@Lorena

1Yr

@leveragegrinding until *

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Moritz@leveragegrinding

1Yr

@Lorena adjusted it

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Rob@Fanatics

1Yr

From 2024, the limit will be raised from €600 to €1000 😉

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Moritz@leveragegrinding

1Yr

@Fanatics sure? can't find anything about it

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Mister_ultra@Mister_ultra

1Yr

@leveragegrinding This was part of the Growth Opportunities Act and is intended to raise the exemption limit for private sales transactions to €1,000. Unfortunately, as far as I know, the law has not yet been passed due to the budget situation.

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Moritz@leveragegrinding

1Yr

@Mister_ultra will be safe at the earliest 25

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Fynn@Fynn-

1Yr

@leveragegrinding I only saw this today in the financial flow video for 2024. https://youtu.be/54IhJG4IeG4?si=4ua8dooxNeSapfmW minute 4

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TheHumbleOne@Humble_InvestingX

1Yr

My last update regarding staking is: coins that you stake remain tax-free after 1 year, but the stakes themselves, which you get for it, only after 10 years... No guarantee 😂

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Mister_ultra@Mister_ultra

1Yr

With regard to staking, there was a long discussion as to whether this would extend the holding period to 10 years. However, this seems to have been clarified in the meantime and the one-year period remains: https://www.deubner-steuern.de/themen/bitcoin-steuer/bmf-schreiben-1052022.html

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Moritz@leveragegrinding

1Yr

@Mister_ultra hm ok, I think I'll use the tax-free amount for this 🤔

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Rob@Fanatics

1Yr

Mhh okay, so I know that from the new financial flow video https://youtu.be/PtSEkNM7is8?si=YbvAMs3-S_nco3V0

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Moritz@leveragegrinding

1Yr

@Fanatics OK let's see

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ddoc@ddoc

1Yr

For me the tax for 21 & 22 went through successfully 👍 Transfer to wallets does not extend the holding period. With staking it does not extend to 10 years, but the rewards are taxed on receipt. That means if something pays out daily or so it gets annoying

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Patrick@Paddy_ro

1Yr

https://www.blockpit.io/de-de/steuer-guides/staking-steuern Here is a source before all the smart alecks spread ignorance here again

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Moritz@leveragegrinding

1Yr

@Paddy_ro yo thanks Why so negative

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