Married in August

[Hi5-]

Hi I got married in August of 2021. is it better to file separately or together? i made under 60k and she made like 70k with a job change. i put in my cointracker info and we owe 2000 to fed and state because of my crypto swaps. i got cointracker to import into my turbo tax but the info is incomplete because one of my wallets i tried to connect didnt connect. how do i add this wallet to my tax info? thank you!

[ColeenD3]

There is no way to answer that question based on just that information. You can enter information for separate returns and a joint return and compare. You can abandon any return you don't file.

[Hi5-]

ok thanks. i will compare on my own. 

[Hi5-]

how do i add my ledger live wallet to be incorporated with my taxes?i have cointracker but wasnt able to add my ledger live wallet. how can i get the full picture?

[KrisD15]

Income is reported.

If your wallet includes trades, you'll need to report the Capital Gains or Loss.

If you received "Air Drops" interest or incentives, report that as income. 

The amount, or balance,  in your wallet is the same as a bank account, the balance is of no concern for taxes.