Cordova crypto
Estimate your tax refund and. Star ratings are from Here's. TurboTax Live tax expert products. All online tax preparation software.
Estimate your tax refund and. Star ratings are from Here's. TurboTax Live tax expert products. All online tax preparation software.
Depending on the crypto tax software, the transaction reporting may resemble documentation you could file with your return on Form , Sales and Other Dispositions of Capital Assets, or can be formatted in a way so that it is easily imported into tax preparation software. However, this does not influence our evaluations. How do I calculate my gain or loss when I pay for services using virtual currency? If you've invested in cryptocurrency, understand how the IRS taxes these investments and what constitutes a taxable event. If you transfer property that is not a capital asset in exchange for virtual currency, you will recognize an ordinary gain or loss.