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What are the important details to include when filling out the 1099-B form for cryptocurrency trades in 2024?
Raghuram PrathivadiApr 27, 2022 · 3 years ago1 answersWhen filling out the 1099-B form for cryptocurrency trades in 2024, what are the key details that need to be included?
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- Filling out the 1099-B form for cryptocurrency trades in 2024 requires including important details such as the date of the transaction, description of the cryptocurrency, quantity of the cryptocurrency, cost basis, proceeds from the sale, and the gain or loss. These details help ensure accurate tax reporting and adherence to tax laws.Apr 27, 2022 · 3 years ago
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