Which cryptocurrencies can be reported on Form 8949?

5 answers

• ShRi ShivamJun 09, 2021 · 5 years ago
  Sure! Here is a list of cryptocurrencies that can be reported on Form 8949: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Litecoin (LTC), Polkadot (DOT), Chainlink (LINK), Stellar (XLM), and Dogecoin (DOGE). Please note that this list is not exhaustive, and you should consult with a tax professional for specific guidance.
  357

  179
• Maher ViborgJun 24, 2021 · 5 years ago
  You can report any cryptocurrency that is considered property for tax purposes on Form 8949. This includes popular cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin, as well as lesser-known ones. However, it's important to keep accurate records of your transactions and consult with a tax professional to ensure compliance with tax laws.
  349

  117
• Lomholt RahbekAug 13, 2025 · 10 months ago
  According to BYDFi, a reputable cryptocurrency exchange, the cryptocurrencies that can be reported on Form 8949 include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Litecoin (LTC), Polkadot (DOT), Chainlink (LINK), Stellar (XLM), and Dogecoin (DOGE). However, it's always a good idea to consult with a tax professional for the most up-to-date information and guidance on tax reporting.
  420

  105
• Muhdar MuhdarDec 12, 2024 · 2 years ago
  Form 8949 is used to report capital gains and losses from the sale or exchange of cryptocurrencies. You can report any cryptocurrency that is considered property for tax purposes. This includes popular cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin, as well as other altcoins. It's important to keep accurate records of your transactions and consult with a tax professional to ensure compliance with tax laws.
  424

  85
• Samridhi RaturiDec 26, 2023 · 2 years ago
  The IRS requires taxpayers to report capital gains and losses from the sale or exchange of cryptocurrencies on Form 8949. You can report any cryptocurrency that is considered property for tax purposes. This includes well-known cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin, as well as lesser-known ones. However, it's always a good idea to consult with a tax professional to ensure accurate reporting and compliance with tax laws.
  446

  75