How to report your capital gains on cryptocurrency Before filling out Form 8949, you’ll need to declare that you have transacted in cryptocurrency near the top of the Form 1040.

Form 8949 is essential for reporting capital gains and losses, ensuring that you correctly report your asset transactions to the IRS. While the form can be complex, using tax software can simplify ...

Do you have to report crypto on taxes? Yes. Here's what you should know about form 8949 ...