Tax season is here in the United States! If you’re like most Americans who use cryptocurrency, you’re probably scratching your head trying to figure out how the IRS will treat crypto, and what that means for your taxes. That’s why we partnered with TaxBit to make your crypto tax computations easier than ever.
Metal Pay users can receive their cryptocurrency tax computations from TaxBit by following the steps outlined here. As a heads up: this process can take a few business days, so be sure to give yourself plenty of time to receive the free cryptocurrency tax computations before you file your taxes.
Deposit your Tax Return directly into Metal Pay
Your Metal Pay accounts come with a Cash wallet that is FDIC-insured through our partner bank, much like a checking account. Your Cash wallet also has its own unique account / routing number, meaning you can ask the IRS to deposit your tax return directly into your Metal Pay account.
Why would you do that? Here’s a few reasons:
- Pay your bills online! Simply use your account / routing number like you would on any other checking account and pay your bills using Metal Pay.
- Buy crypto immediately! Convert the fiat cash you receive from the IRS directly into any of over 60 different cryptocurrencies available on Metal Pay.
- Send money to friends for free! Payments to other Metal Pay users – whether in cash or in crypto – is always feeless and fast on Metal Pay.
Ready to get started? Just grab your account / routing numbers for your Metal Pay Cash wallet when you’re filling out your tax forms for the IRS. You can find those numbers by opening the Metal Pay app, tapping the Cash card, clicking the … icon, and copying down your information. After that, just wait for the funds to be deposited in your account, where you can use it to do whatever you want!
Metal Pay gives you more ways to use your money than most banks – keeping you in control.
🤘 Your friends at Metal 🤘
