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Reporting 2021 Bitcoin Transactions on Schedule D
I made a few buy/sell transactions during the year and realized gains. Assuming the broker reports all transaction cost basis to IRS, I planned to import the transactions to Form 8949 and carry over the required totals to Schedule D, Part 1, Line 1b as they all were short-term. All transactions were made within one account. This is a first for me, reporting bitcoin transactions; is there any issue with my approach of reporting the transactions?
‎January 7, 2022
12:12 PM