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How can I get an extension on my cryptocurrency tax filing?

avatarjosia hiebDec 25, 2021 · 3 years ago3 answers

I need more time to file my cryptocurrency taxes. How can I get an extension?

How can I get an extension on my cryptocurrency tax filing?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    If you need more time to file your cryptocurrency taxes, you can request an extension from the tax authority in your country. In the United States, for example, you can file Form 4868 to get an automatic extension of time to file your individual tax return. Make sure to check the specific requirements and deadlines for your jurisdiction.
  • avatarDec 25, 2021 · 3 years ago
    Getting an extension on your cryptocurrency tax filing is easy! Just reach out to your tax authority and request an extension. They usually grant extensions for valid reasons, such as unforeseen circumstances or difficulties in gathering all the necessary information. Remember to file for an extension before the original deadline to avoid any penalties or late fees.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we understand that sometimes you need more time to file your cryptocurrency taxes. That's why we recommend reaching out to your tax authority and requesting an extension. They will provide you with the necessary information and guidelines to follow. Remember, it's important to file for an extension before the deadline to avoid any penalties or legal issues.