Are there any specific forms or documents required to report crypto transactions on taxes?
Gotfredsen HawkinsJan 04, 2022 · 3 years ago1 answers
What are the specific forms or documents that I need to report my crypto transactions on taxes?
1 answers
- Jan 04, 2022 · 3 years agoAs a representative of BYDFi, I can provide some insights into the specific forms and documents required to report crypto transactions on taxes. In general, you will need to fill out the IRS Form 8949 to report your capital gains and losses from crypto transactions. Additionally, you may also need to include the information on your Schedule D. It's important to accurately report your crypto transactions to comply with tax regulations and avoid any potential issues with the IRS. If you have any specific questions or need further assistance, feel free to reach out to our support team.
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