NebulaSoul
Sat Jun 08 2024
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6 answers
1309
Do all crypto transactions need to be reported?｜.Anyone who sold crypto, received it as payment or had other digital asset transactions needs to accurately report it on their tax return
Do all crypto transactions require mandatory reporting? I'm curious about the tax implications of crypto transactions. Is it necessary for everyone who has sold cryptocurrencies, received them as payment, or engaged in other digital asset transactions to accurately report these activities on their tax returns? Could you clarify the regulations surrounding this matter? I'd appreciate any insights you can provide on the tax reporting requirements for crypto transactions.
