With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...

This project demonstrates how generative AI can be used to rapidly prototype a practical data transformation tool. It allows users to upload a CSV or Excel file of cryptocurrency transactions, map ...

Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

Form 8949 is used to report the sale or exchange of capital assets, such as stocks, real estate, or cryptocurrencies to the IRS. It details the purchase and sale dates for each transaction, as well as ...

Last year was ugly for cryptocurrencies. Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX ...

You'll need it to report short- and long-term capital gains to the IRS Reviewed by Ebony Howard Fact checked by Vikki Velasquez When you sell or exchange capital assets like stocks, bonds, real estate ...

Taxpayer files a Form 8949, which accounts for new IRS cost-basis reporting rules required on securities-broker-issued Form 1099-Bs. As an active investor, taxpayer has hundreds if not thousands of ...

Forbes contributors publish independent expert analyses and insights. Leading writer and speaker in the area of trader tax benefits. As a CPA firm preparing income tax returns for active online ...