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Cypto Currency Investments
Hi: Am I REQUIRED to report my crypto currency investments with or without a 1099? When looking at the company's on-line site, I was able to get the IRS forms already filled out (Form 8949 and Form 1040 Schedule 1), but they did not provide a 1099. Since I'm only dabbling in this market right now, the Schedule 1 shows a "Miscellaneous Crypto Income" of $17.50. Is it even worth reporting this?
‎February 21, 2022
10:30 AM