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What are the steps to file a second tax extension for my digital currency investments?

avatarBerbezDec 19, 2021 · 3 years ago1 answers

I need to file a second tax extension for my digital currency investments. Can you please provide me with the steps to do so?

What are the steps to file a second tax extension for my digital currency investments?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Filing a second tax extension for your digital currency investments is a common practice. Here's what you need to do: 1. Gather all the necessary documents, including transaction records and receipts, related to your digital currency investments. 2. Fill out Form 4868, which is the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. 3. Provide accurate information about your digital currency investments on the form. 4. Submit the completed form to the IRS before the tax filing deadline. 5. If you owe any taxes, make sure to pay the estimated amount by the original tax filing deadline. Remember to consult with a tax professional if you have any specific questions or concerns about filing your taxes for digital currency investments.