1. - YES and 2. - NO. You have to report all of your income whether on a tax form or not. You can enter your crypto information into TurboTax in the Investments income section without a tax form.
When an investment property (such as a cryptocurrency) is sold, a capital gain results if the sale proceeds are more than the cost of the property when acquired, plus any transaction costs. If the proceeds are less, it’s a capital loss.
How do I enter my crypto in TurboTax?
Cryptocurrency Guide
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