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Get your taxes done using TurboTax
Hi Crypt0turbr0, I hope your day is going well.
You must report crypto transactions from DAO's in the same manner that any other crypto transactions are reported. DOA's are considered pass through entities, the DOA should report to you your share of transactions. Report sale or exchange crypto on form 8949 and Schedule D. If received for services you performed, the transaction would be reported on Schedule C, self employed income.
Below is an article that explains the different ways Crypto can be reported on your tax return
https://turbotax.intuit.com/tax-tips/investments-and-taxes/crypto-tax-forms/L8tQmALU3
‎November 15, 2023
12:40 PM
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