Posted on May 14, 2024Author National Law ForumCategories Cryptocurrency, finance, Financial Services Law, TaxTags broker, business, crypto, crypto reporting, crypto-currency, Digital Asset Proceeds from Broker Transactions, digital assets, Form 1099-DA, government, IRS, legal, sale of digital assets...
A question is now listed on the front of the 1040 form aboutcryptocurrency: "At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?” Those who engaged in a transaction involving virtual currency in 2021 must respond ...