
Do I need a 1040 to report cryptocurrency activity?
Excuse me, I'm a bit confused about tax reporting for cryptocurrency transactions. Could you please clarify if I need to file a 1040 form to report any income or gains I've made from buying, selling, or trading cryptocurrencies? I'm trying to ensure that I'm compliant with the tax laws and don't miss any important steps in my tax preparation. Thank you for your help!
