Crypto tax reporting guide 2024: IRS rules

Here's what you need to know about reporting crypto on your 2024 taxes: The IRS treats crypto as property, not currency You must report all crypto transactions, even small ones Taxable events include selling, trading, and using crypto to buy goods Use Form 8949 to report crypto gains/losses Report crypto income on Schedule 1 or Schedule CKey steps for crypto tax reporting: Gather all... source: https://cryptobriefing.com/crypto-tax-2024-guidelines/