justSoSoDec 20, 2021 · 3 years ago4 answers What are the best practices for reporting cryptocurrency gains and losses on taxes?
As a cryptocurrency investor, I want to ensure that I am reporting my gains and losses on taxes correctly. What are the best practices for reporting cryptocurrency gains and losses on taxes? How should I handle the different types of transactions, such as buying, selling, and exchanging cryptocurrencies? Are there any specific forms or documents that I need to fill out? And what are the potential consequences if I don't report my cryptocurrency gains and losses accurately?