+23 1040 Virtual Currency Question Turbotax References
“at any time during 2021, did you receive, sell, send, exchange, or otherwise dispose of any financial interest in any virtual currency?” now, investors who only purchased or held cryptocurrency during the 2021 tax year do not have to answer ‘yes’ to the form 1040 question. 938 pdf, explaining that virtual currency is treated as property for federal income tax purposes and providing examples of how longstanding tax principles applicable to transactions involving property apply to virtual currency.
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