Crypto Currency Taxable Income

[Skipper6]

I have invested in Crypto Currency. When I sell Crypto Currency, I receive thousands in profit. I have not received a 1099 from my investor because they are a global company they do not send you a 1099. How can I file my taxes on something I do not have? How do you declare my investment amount separately from my profits? Are you taking my word that it is correct? What percent of the profits are taxable? Is there a rate guide to follow for cryptocurrency capital gains?

[fanfare]

If you are not excused by the detail reporting exception,
IRS requires details of your SELL transactions to be supplied on some Form 8949,
or on your other forms (e.g. consolidated 1099-B or spreadsheet) which have the same information and in the same manner as Form 8949.

If you don't have a 1099-B because none was issued, report details on Page 1 with Box C checked or on Page 2 with Box F checked.

There is no exception for those Boxes.

[fanfare]

IRS considers  crypto an asset subject to the same rates as other investments such as stocks, bonds,