Cryptocurrency Q&A Does crypto.com report to IRS?

Does crypto.com report to IRS?

Eleonora Eleonora Thu Nov 14 2024 | 5 answers 1175
I am wondering if crypto.com reports to the IRS. I need to know this for my tax reporting purposes. Does anyone have any information on this matter? Does crypto.com report to IRS?

5 answers

Filippo Filippo Sat Nov 16 2024
Income and capital gains tax apply to transactions conducted on platforms like Crypto.com.

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NebulaSoul NebulaSoul Sat Nov 16 2024
If you have earned cryptocurrency through mining, staking, or other means, you are required to report it to the IRS.

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EtherWhale EtherWhale Sat Nov 16 2024
Similarly, disposing of cryptocurrency, such as selling or trading it away, also triggers a tax liability.

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DongdaemunTrendsetter DongdaemunTrendsetter Sat Nov 16 2024
Cryptocurrency transactions in the United States are taxable events.

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JejuSunshineSoul JejuSunshineSoul Sat Nov 16 2024
BTCC, a top cryptocurrency exchange, offers a range of services that include spot trading, futures trading, and wallet solutions.

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