How can I accurately fill out Form 8949 for my cryptocurrency trades in 2014 according to the IRS?

3 answers

• Afifa MasoodJul 31, 2025 · 22 days ago
  Sure, I can help you with that! When filling out Form 8949 for your cryptocurrency trades in 2014, you'll need to report each individual trade separately. Make sure to include the date of each trade, the type of cryptocurrency involved, the amount bought or sold, the cost basis, and the proceeds. It's important to accurately calculate your gains or losses for each trade to ensure compliance with IRS regulations.
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• Milly NamayanjaSep 02, 2021 · 4 years ago
  Filling out Form 8949 for cryptocurrency trades can be a bit confusing, but don't worry, you're not alone! The IRS requires you to report your trades accurately to determine your tax liability. To fill out the form, you'll need to provide details such as the date of each trade, the type of cryptocurrency, the cost basis, and the proceeds. If you're unsure about any specific details, it's best to consult a tax professional to ensure you're completing the form correctly.
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• Ken KollmeyerFeb 13, 2024 · 2 years ago
  As an expert in the cryptocurrency industry, I can provide you with some guidance on filling out Form 8949 for your cryptocurrency trades in 2014. It's important to accurately report your trades to comply with IRS regulations. When filling out the form, you'll need to provide details such as the date of each trade, the type of cryptocurrency, the cost basis, and the proceeds. Remember to calculate your gains or losses for each trade correctly. If you have any specific questions, feel free to ask!
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