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Do you have to report crypto on taxes? Yes. Here's what you should know about form 8949
USA TODAY via Yahoo Finance· 1 year agoLast year was ugly for cryptocurrencies. Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the ...
How Reporting Crypto Losses on Your 2022 Taxes Could Be a Win
Motley Fool· 2 years agoMany cryptocurrencies like Bitcoin and Ethereum skyrocketed to all-time highs in 2021. People who...
New 1099-DA Reporting Creates More Headaches for Taxpayers
CoinDesk via Yahoo Finance· 1 year agoThe U.S. Infrastructure and Jobs Act ushered in “broker reporting” rules for centralized crypto...
If Bitcoin Surges to End 2022, Will My Gains Be Taxed?
Motley Fool· 2 years agoIn November 2021, Bitcoin (CRYPTO: BTC) climbed to a record high of more than $68,000. But 2022 has...
Bitcoin and cryptocurrency tax: Tips and guide
Yahoo Finance· 1 year agoCryptocurrency has been on a wild ride lately from soaring highs to crushing lows to the recent implosion of FTX, the world’s third-largest crypto...
IRS tells 21 states how to handle last year's special payments
USA TODAY via Yahoo Finance· 1 year agoAfter much outside criticism, the Internal Revenue Service basically told taxpayers in most — but...
'Unwarranted and unfair': The IRS is watching how much you make selling things online this year —...
MoneyWise via Yahoo Finance· 1 year agoA battle has been brewing between e-commerce giants and the Internal Revenue Service (IRS) — and...
How do you calculate cost basis on investments?
Bankrate via AOL· 2 months agoPeople invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax...
NFT tax guide: 6 top tips for non-fungible token creators and investors
Bankrate via Yahoo Finance· 3 months agoNFTs, or non-fungible tokens, captured the investing world’s fancy over the past few years, as...
A Quick Guide To Understanding Taxes on Your Investments
Woman's World via Yahoo News· 1 year agoAlthough you’ll owe taxes on the money you earn on taxable savings and investment accounts, these...