Is there a specific form I need to fill out for reporting my eToro cryptocurrency trades?

3 answers

• Tristar Deck and FenceJun 03, 2024 · a year ago
  Yes, when it comes to reporting your cryptocurrency trades on eToro, there is a specific form that you need to fill out. This form is called the IRS Form 8949, and it is used to report capital gains and losses from your cryptocurrency trades. It is important to accurately fill out this form to ensure compliance with tax regulations.
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• priestly-daniel akpanMay 27, 2023 · 2 years ago
  No, there is no specific form that you need to fill out for reporting your eToro cryptocurrency trades. However, it is still important to keep track of your trades and report them accurately for tax purposes. You can use a cryptocurrency tax software or consult with a tax professional to ensure you are reporting your trades correctly.
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• Sanni GuptaSep 21, 2024 · a year ago
  When it comes to reporting your eToro cryptocurrency trades, it is always a good idea to consult with a tax professional or use a cryptocurrency tax software. These tools can help you navigate the complexities of reporting and ensure that you are in compliance with tax regulations. BYDFi, a popular cryptocurrency exchange, also provides resources and guidance on reporting cryptocurrency trades.
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