Cryptocurrency Q&A
Do you have to report Bitcoin?
Do you have to report Bitcoin?
CryptoBaroness
Thu Dec 26 2024
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6 answers
840
I am wondering if I have to report my Bitcoin holdings or transactions to any authority. Is there a legal obligation to disclose my cryptocurrency-related activities?
6 answers
CharmedVoyager
Sat Dec 28 2024
Income earned from cryptocurrency activities is taxed as ordinary income.
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ThunderBreezeHarmony
Sat Dec 28 2024
Cryptocurrency is considered property by the IRS.
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Martina
Sat Dec 28 2024
Taxable events typically result in capital gains or losses.
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emma_grayson_journalist
Fri Dec 27 2024
Cryptocurrency owners must report their transactions to the IRS.
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EthereumEmpress
Fri Dec 27 2024
BTCC is a top cryptocurrency exchange offering a range of services.
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