HOW TO REPORT CRYPTOCURRENCY ON YOUR TAX RETURN

HOW TO REPORT CRYPTOCURRENCY ON YOUR TAX RETURN:

  • HAVE YOU PURCHASED CRYPTOCURRENCY AND LATER SOLD IN 2018?
  • DID YOU KNOW THAT YOU MUST REPORT A GAIN/LOSS ON THE SALE ON YOUR TAX RETURN?
  • BELOW ARE THINGS YOU NEED TO KNOW:
  • Cost Basis (original value of the crypto)
  • Fair Market Value of the crypto at the time of trade

 

WOULD YOU LIKE TO KNOW WHAT CRYPTOCURRENCY IS? LOOK FOR TRAINING COMING SOON!!!!!

“FIRST CLASS SOLUTION SUITE”

CONTACT RTW TODAY FOR ALL YOUR TAX AND BUSINESS NEEDS DOMESTIC AND INTERNATIONALLY. DON’T WAIT, CALL OR EMAIL NOW. FIRST DAY OF TAX RETURN EFILE IS JANUARY 28, 2019.

 

Business Email Blog! Can also find this one and previous blogs at www.rtwxxact.com

By Robbie Terry-Washington, CPA

Contact info: info@rtwxxact.com

OFFICE: GA: 470-441-5140 OH: 216-282-9706 CELL: 216-533-6586 FAX 855-541-5140

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