SsangyongSpirited
Fri Mar 29 2024
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5 answers
1283
Do I have to report crypto if I lost money?
Hello, I'm a bit confused about crypto reporting. If I invest in cryptocurrencies and end up losing money, do I still need to report it to the authorities? It seems like a lot of people are talking about crypto these days, but I'm not sure how it all fits into the tax and financial reporting system. Could you please clarify this for me? I appreciate your help.
Lucia
Fri Mar 29 2024
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5 answers
885
Do you have to report crypto under $600?
Excuse me, I'm a bit confused about cryptocurrency reporting rules. If I make a transaction involving cryptocurrency that's worth less than $600, do I still need to report it? I've heard different things from different sources and I'm just trying to get a clear answer. Could you possibly provide some clarification on this matter? It would be greatly appreciated.
