Cryptocurrency Q&A How do I report Coinbase income?

How do I report Coinbase income?

BlockchainBaronGuard BlockchainBaronGuard Thu Aug 08 2024 | 0 answers 0
Excuse me, I'm a bit confused about reporting my income from Coinbase. Could you please clarify the process for me? Do I need to report every single transaction, or just the overall profit I've made from buying and selling cryptocurrencies on the platform? Also, what kind of taxes do I need to pay on this income, and how do I calculate them? I'd really appreciate it if you could break it down for me in simple terms. Thank you in advance for your help. How do I report Coinbase income?

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