A lot of crypto traders think they’re in the clear if they’re using foreign exchanges like Binance International, KuCoin, MEXC, Bitget, or OKX.
Here’s the truth:
✅ As a U.S. taxpayer, you’re taxed on your worldwide income
🚫 These exchanges don’t issue 1099s — but you’re still legally required to report
💸 Capital gains, staking rewards, airdrops — all taxable
🔍 The IRS may not know right now, but an audit will uncover the gaps
📄 Missing wallets or trades can raise red flags FAST
In this video, we break down how crypto taxation works even if you never touch a U.S. platform.
🛡️ Don’t get caught unprepared. Protect your gains.
👉 https://www.cryptotaxaudit.com
📚 Free Crypto Tax Course → • Free 2025 Crypto Tax Foundations Course | ...
💬 Are you trading on a non-US exchange? Drop a comment below — we want to hear how you're handling it!
#CryptoTax #IRS2025 #ForeignExchangeCrypto #NonUSTrading #CryptoAudit #CryptoTaxAudit #ClintonDonnelly #BinanceTaxes #CryptoGainReporting #WorldwideIncome #IRScrypto #TaxTips2025
▬▬▬▬▬ TIMESTAMPS ▬▬▬▬▬
00:00 Intro
00:22 – No 1099 = Still Taxable
00:48 – You’re Taxed on Worldwide Income (U.S. Rule)
01:15 – Why Foreign Exchanges Don’t Report to the IRS
01:43 – Which Exchanges Are “Non-U.S.”? (Binance, KuCoin, etc.)
02:11 – IRS Doesn't Know… Yet
02:45 – Crypto Sales = Capital Gains
03:10 – Staking, Airdrops & Income You Still Have to Report
03:39 – What Happens in an Audit (They’ll Look for This)
04:00 – You Still Owe Even If You Didn’t Get a 1099
04:28 – How to Stay Compliant & Avoid Penalties
04:56 – Final Thoughts
▬▬▬▬▬ SPONSOR ▬▬▬▬▬
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CryptoTaxAudit is the ultimate solution for ensuring your crypto taxes are precise and fully compliant with the latest regulations. With expert guidance and support, you can avoid costly penalties and enjoy complete peace of mind. Don't take any chances with your hard-earned assets. Become an IRS Guard Dog member today and take control of your financial future! Visit CryptoTaxAudit.com today.
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📜 Disclaimer
The content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.
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