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Re: Cryptocurrency Trading?
Posted: Sat Jan 30, 2021 8:56 pm
by Casual
Re: Cryptocurrency Trading?
Posted: Sun Jan 31, 2021 12:45 pm
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.
Re: Cryptocurrency Trading?
Posted: Sun Jan 31, 2021 1:35 pm
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.