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Level 1
posted Mar 8, 2025 10:01:27 PM

Crypto tax return

Should I report every transaction of the crypto even I did not receive any tax return form?

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1 Replies
Employee Tax Expert
Mar 9, 2025 8:12:06 AM

Yes.  The IRS says that all income should be reported.

 

If you are a U.S. citizen or resident alien, you are subject to tax on worldwide income from all sources and must report all taxable income and pay taxes according to the Internal Revenue Code.

 

What tax return form have you not received and what income is involved?