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This section has you list on Formyou then made to you during the.
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This section has you list on Formyou then made to you during the.
If a taxpayer disposed of any virtual currency that was held as a capital asset through a sale, exchange or transfer, they must check "Yes" and use Form to figure their capital gain or loss and report it on Schedule D Form If a hard fork is followed by an airdrop and you receive new cryptocurrency, you will have taxable income in the taxable year you receive that cryptocurrency. The Internal Revenue Code and regulations require taxpayers to maintain records that are sufficient to establish the positions taken on tax returns. Page Last Reviewed or Updated: Jan
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