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What are the important dates and deadlines for filing taxes on cryptocurrency transactions through Robinhood in 2024?

avatarhtyNov 23, 2021 · 3 years ago1 answers

Can you provide me with the important dates and deadlines that I need to be aware of when filing taxes for cryptocurrency transactions through Robinhood in 2024? I want to make sure I stay compliant with the tax regulations.

What are the important dates and deadlines for filing taxes on cryptocurrency transactions through Robinhood in 2024?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that when it comes to filing taxes for cryptocurrency transactions through Robinhood in 2024, it's important to be aware of the key dates and deadlines. The deadline for filing your federal income tax return is April 15, 2025. However, if you need more time, you can file for an extension and get until October 15, 2025, to submit your return. Just remember, any taxes owed must still be paid by the original deadline. If you received income from your cryptocurrency transactions, you may also need to make estimated tax payments throughout the year. It's always a good idea to consult with a tax professional or use tax software to ensure you stay compliant with the tax regulations.