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Update user_faq.md: markdown-link-check-disable
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Add markdown-link-check-disable for Reddit and fix formatting of CoinTracker.
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jayr0d committed Jan 31, 2024
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Expand Up @@ -170,16 +170,13 @@ It's a humorous reference to Warren Buffett’s claim that Bitcoin is [“rat po
## Tax Questions

### What Events Are Taxable?
Selling, swapping, donating, mining, staking, earning cryptocurrency are some common taxable events. For an up-to-date list in any given year, ask your tax professional. For additional information on taxable events read the [Cryptocurrency Tax FAQ](https://www.reddit.com/r/CryptoTax/comments/re6jal/cryptocurrency_tax_faq/) on Reddit and
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[CoinTracker's summary on crypto taxes](https://www.cointracker.io/blog/what-tax-forms-should-crypto-holders-file).
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Selling, swapping, donating, mining, staking, earning cryptocurrency are some common taxable events. For an up-to-date list in any given year, ask your tax professional. For additional information on taxable events read the <!-- markdown-link-check-disable -->[Cryptocurrency Tax FAQ](https://www.reddit.com/r/CryptoTax/comments/re6jal/cryptocurrency_tax_faq/)<!-- markdown-link-check-enable--> on Reddit and <!-- markdown-link-check-disable -->[CoinTracker's summary on crypto taxes](https://www.cointracker.io/blog/what-tax-forms-should-crypto-holders-file).<!-- markdown-link-check-enable-->

### Can I Avoid Paying Crypto Taxes?
No. The IRS has made it clear that [crypto taxes must be paid](https://www.irs.gov/newsroom/irs-reminds-taxpayers-to-report-virtual-currency-transactions). Various tax agencies in other jurisdictions have made similar statements.

### Which Resources Can I Use to Learn About Crypto Taxes?
A good starting point is the [Cryptocurrency Tax FAQ](https://www.reddit.com/r/CryptoTax/comments/re6jal/cryptocurrency_tax_faq/) on Reddit. Also read the question on [which tax forms to file](#which-crypto-tax-forms-to-file) and consult with your tax professional.
A good starting point is the <!-- markdown-link-check-disable -->[Cryptocurrency Tax FAQ](https://www.reddit.com/r/CryptoTax/comments/re6jal/cryptocurrency_tax_faq/)<!-- markdown-link-check-enable--> on Reddit. Also read the question on [which tax forms to file](#which-crypto-tax-forms-to-file) and consult with your tax professional.

### Which Crypto Tax Forms to File?
RP2 keeps track of in/out lot relationship, lot fractioning and it computes capital gains and losses, but it doesn't generate the final tax forms. The computed information is written to the tax_report_us output, which is intended for tax professionals: all taxable events are grouped in different tabs by type (mining, staking, selling, donating, etc.). Each tax event type has a specific tax treatment: your tax professional can transfer the information from the tax_report_us output tabs to the appropriate forms in any given year.
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