JamesG1
Expert Alumni

Business & farm

Agreed.  The IRS website Digital Assets states that you should answer YES to the 2024 digital asset question on the IRS 1040 income tax return if you had digital financial transactions.

 

You have a financial interest in a digital asset if you:

 

  • Are recorded as the owner of a digital asset
  • Have an ownership stake in an account that holds one or more digital assets, including the rights and obligations to acquire a financial interest.
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