Cryptocurrency Trading?

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Casual
Posts: 325
Joined: Fri Jul 20, 2018 1:46 am

Post by Casual »

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Flame Red
Posts: 692
Joined: Sat Jul 21, 2018 11:15 am
Location: Crime Hills in Mosquito County

Post by Flame Red »

This is interesting. Started doing my 2020 Taxes. Side line, I am usually under the "What did you make?" then "Send it ALL in" tax category.

Well they have a new line on the 1040: At any time during 2020, did your receive, sell, send exchange or otherwise acquire any financial interest in any virtual currency?

Kommieala wants her cut.
Ah that's one thing about our Flame, doesn't play any favorites! Flame hates everybody!
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Jimmy
Posts: 393
Joined: Wed Jul 18, 2018 3:13 pm
Location: Marco

Post by Jimmy »

Flame Red wrote: Sun Jan 31, 2021 12:45 pm This is interesting. Started doing my 2020 Taxes. Side line, I am usually under the "What did you make?" then "Send it ALL in" tax category.

Well they have a new line on the 1040: At any time during 2020, did your receive, sell, send exchange or otherwise acquire any financial interest in any virtual currency?

Kommieala wants her cut.
Nothing new. Has been there for a few years now.
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