What are some examples of completed Form 8949 for cryptocurrency investments?

3 answers

• Ploug KjellerupJul 18, 2020 · 5 years ago
  Sure! Here's an example of a completed Form 8949 for cryptocurrency investments: Transaction Date: 01/15/2022 Description of Property: Bitcoin Date Acquired: 07/01/2021 Date Sold: 01/15/2022 Proceeds: $10,000 Cost Basis: $5,000 Gain or Loss: $5,000 This is just a sample, and the actual form may vary based on your specific transactions. It's important to accurately report the details of each transaction to ensure compliance with tax regulations.
  450

  225
• netuuethNov 19, 2021 · 4 years ago
  Here's another example of a completed Form 8949 for cryptocurrency investments: Transaction Date: 03/10/2022 Description of Property: Ethereum Date Acquired: 02/01/2022 Date Sold: 03/10/2022 Proceeds: $8,000 Cost Basis: $7,000 Gain or Loss: $1,000 Remember to include all relevant information for each transaction, such as the transaction date, description of the cryptocurrency, date acquired, date sold, proceeds, cost basis, and gain or loss.
  447

  149
• Sandeep GaggraJan 19, 2024 · 2 years ago
  BYDFi, a leading cryptocurrency exchange, provides a comprehensive guide on completing Form 8949 for cryptocurrency investments. You can find step-by-step instructions and examples on their website. It's important to follow the guidelines provided by the IRS and consult a tax professional if you have any specific questions or concerns about reporting your cryptocurrency investments.
  385

  97