How can I accurately fill out form 8949 for my cryptocurrency trades in 2013?

1 answers

• rk GuptaJan 16, 2023 · 3 years ago
  When it comes to accurately filling out form 8949 for your cryptocurrency trades in 2013, you want to make sure you're on the right track. Here's what you need to know: Start by gathering all the necessary information, such as the date of each trade, the type of cryptocurrency involved, the quantity bought or sold, and the proceeds from each trade. Next, calculate your cost basis for each trade, which includes the original purchase price plus any fees or commissions. It's important to report each trade separately on form 8949, so take your time and be thorough. If you're feeling unsure or overwhelmed, consider consulting a tax professional who specializes in cryptocurrency taxes. They can provide guidance and ensure you're accurately filling out the form. Good luck with your tax filing!
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