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What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

Therefore, crypto is subject to capital gains taxation, just like other capital assets such as equities, real estate, and bonds. That means you must disclose any cryptocurrency trading activity conducted over the past year on your tax return. How Do Businesses Report Capital Gains Tax on Cryptocurrency?

Tax 98
article thumbnail

What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

Therefore, crypto is subject to capital gains taxation, just like other capital assets such as equities, real estate, and bonds. That means you must disclose any cryptocurrency trading activity conducted over the past year on your tax return. How Do Businesses Report Capital Gains Tax on Cryptocurrency?

Tax 52