@ccn83472-cn
To optimize tax planning with airdrop tokens:
Record the Fair Market Value: Track the fair market value of airdropped tokens at the time of receipt to calculate potential taxable income.
Holding Period: Monitor the holding period to determine if the token qualifies for long-term capital gains tax rates.
Tax Jurisdictions: Understand tax regulations in your country or region regarding cryptocurrency and airdrops to ensure compliance.
Tax-Loss Harvesting: If token values decrease, consider selling them at a loss to offset gains elsewhere.
Consult a Tax Professional: Work with a tax professional familiar with cryptocurrency to ensure proper filing and strategies.
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