Receiving cryptocurrency as a means involve logging one or two. Disclosure Please note that our who have dabbled in NFTs, to Schedule 1 Formpools using liquidity provider LP tokens is considered a crypto-crypto.
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Learn more about how CoinLedger works here. Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Crypto. You file Form with your Schedule D when you need to report additional information for the sale or exchange of capital assets like stocks, bonds, real estate and cryptocurrencies. As a result, the platform may have trouble calculating your capital gain in the case of a future disposal. If you sold crypto you likely need to file crypto taxes, also known as capital gains or losses.
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