fbpx

How to Report Cryptocurrency to the IRS in 2022: A Complete Guide

img1 scaled

When tax season comes around, you may be looking at a harsh reality if you purchased cryptocurrency last year. Cryptocurrencies such as Bitcoin, Ethereum, and others are subject to taxes. For tax reasons, the IRS considers cryptocurrency holdings to be “property,” which means your virtual currency is taxed similarly to any other asset you own, … Read more

How To Tax Cryptocurrency In 2022: A Complete Guide

asd e1651733983363

How To Tax Cryptocurrency In 2022: A Complete Guide 2021 was a banner year for cryptocurrency, with laser eyes and all-time highs. If you’re one of the 10% of Americans who traded cryptocurrency in the last year, you’re undoubtedly wondering how your transactions and other crypto activity will affect your taxes.  Crypto sales, conversions, payments, … Read more