rohit kumarDec 25, 2021 · 3 years ago8 answers What are the best practices for reporting Venmo transactions involving cryptocurrencies to the tax authorities?
As cryptocurrencies become more popular, many people are using platforms like Venmo to send and receive digital currencies. However, when it comes to reporting these transactions to the tax authorities, what are the best practices to follow? How can individuals ensure they are compliant with tax regulations while using Venmo for cryptocurrency transactions?