What are the deadlines for crypto reporting this year?
An example of an AI chatbot conversation about crypto reporting deadlines.
What are the deadlines for crypto reporting this year?
The main deadlines for crypto reporting in the U.S. are typically April 15 for individual tax returns and October 15 for extensions.
Are there any specific forms I need to fill out?
Yes, you'll need to report your crypto transactions on Form 8949 and summarize them on Schedule D.
What if I missed the deadline?
If you missed the deadline, you may face penalties, but you can file late and possibly request an extension.
Can I still claim losses if I missed the deadline?
Yes, you can still claim losses on your tax return, but it may be more complicated if filed late.
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