Basic Questions on Filing for Cryptocurrency.

Forum|Forum|7 years ago
June 5, 2019
1 reply
1 view

Hello there. I’m new to filing taxes on crypto currency. I got into crypto back in November 2017 when I received a miner that mines for crypto. I have never bought crypto with fiat or sold it for fiat. I have mainly have had it sent to coinbase. From their I have transferred it to multiple exchanges to trade some alt coins. I have for sure made less than $3000. I was just wondering if there were any taxes I have to pay, and if so what forms should I be reporting them on. Thanks much. I’ll be happy to reply with more info if needed.

JulieCo

Level 11

Here is some information about Cryptocurrency and tax impacts, including information about mining - see below. Read through the information carefully and click on the other links included to see what you need to include on your return, as well as how to record it.

https://ttlc.intuit.com/replies/6468764

https://ttlc.intuit.com/replies/6467560

https://ttlc.intuit.com/replies/6468652