What are the tax filing deadlines for cryptocurrency?
An example of an AI chatbot conversation about crypto tax filing deadlines.
What are the tax filing deadlines for cryptocurrency?
In the U.S., the tax filing deadline for individuals is typically April 15. For 2023, it's April 18 due to the weekend.
Are there any extensions available for filing?
Yes, you can file for an extension, which gives you until October 15 to submit your tax return, but any taxes owed are still due by April.
What if I missed the deadline?
If you miss the deadline, you may face penalties and interest on any unpaid taxes. It's best to file as soon as possible.
Do I need to report all my crypto transactions?
Yes, you need to report all taxable events, including sales, exchanges, and even using crypto for purchases.
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