Questions tagged [never sold]

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Daniela Daniela Sat Jun 08 2024 | 7 answers 1876

Do I have to report crypto if I never sold?

Excuse me, I'm a bit confused about the tax regulations regarding cryptocurrencies. Could you clarify for me, please? If I have acquired some cryptocurrencies but have never sold them, am I still obligated to report them to the authorities? I'm not quite sure how the tax system handles assets that have not been liquidated. Could you explain the reporting requirements in this scenario? I'd appreciate your assistance in understanding this matter.

Do I have to report crypto if I never sold?

|Topics at Cryptocurrency Q&A

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