Patty annDec 18, 2021 · 3 years ago8 answers What are the best practices for reporting income from cash app transactions in the digital currency market?
I need some guidance on how to report income from cash app transactions in the digital currency market. What are the recommended practices to ensure compliance with tax regulations and avoid any legal issues? How should I accurately document and report my earnings from digital currency transactions? Are there any specific forms or reporting requirements that I need to be aware of? What are the consequences of not reporting digital currency income properly?