This book explains the key aspects of U.S. income taxation of cryptocurrencies that every individual should know, but don't.
The two most important things to know about reporting cryptos on your taxes is:
1) All crypto transactions must be reported on your income taxes, and
2) There are two anti-money laundering forms most traders need to file with their returns. Not filing these are subject to $10,000+ penalties.
This book goes into detail about what crypto transactions must be reported. It explains what the anti-money laundering forms are and when they are required to be filed.
This book doesn't explain how to prepare a tax return. It only focuses on the concepts. The intent is to explain the what the IRS requires that most traders don't even understand.
The author is Clinton Donnelly, the CryptoTaxFixer. He has an advanced law degree and is an Enrolled Agent. For more information visit donnellytaxlaw.com
You'll need an account to access this in our app. Please create a password to continue.
Download from the App Store or text yourself a link to the app
Good news! Since you already have a Gumroad account, it's also been added to your library.Tweet Share