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Get your taxes done using TurboTax
There are two current thoughts on forks. One is that you report as I directed above as if it were a sale. The other is that you delay reporting. The IRS has not issued an opinion on the subject. From my additional research, I think you are fine to not report anything on your tax return because there is so much sentiment against the reporting and we remain without IRS guidance. For more information, follow this link: <a rel="nofollow" target="_blank" href="https://www.cpajournal.com/2019/01/24/the-taxation-of-cryptocurrency/">https://www.cpajournal.com/20...>
‎June 1, 2019
12:01 PM