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How can I include my cryptocurrency transactions in my tax filing?

avatarFinch HedrickDec 18, 2021 · 3 years ago1 answers

I have made several cryptocurrency transactions throughout the year and I'm not sure how to include them in my tax filing. What are the steps I need to take to report my cryptocurrency transactions to the tax authorities?

How can I include my cryptocurrency transactions in my tax filing?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we understand the importance of including your cryptocurrency transactions in your tax filing. That's why we provide our users with a comprehensive transaction history report that includes all the necessary information for tax reporting. Our report includes details such as the date, amount, and value of each transaction, as well as any fees or commissions paid. With this report, you can easily calculate your gains or losses and report them accurately on your tax return. We recommend consulting with a tax professional to ensure that you meet all the tax requirements and obligations in your jurisdiction.