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Did You Receive A 1099 From Your Crypto Exchange? Learn How To File Your Taxes - CoinLedgerYou must report ordinary income from virtual currency on Form , U.S. Individual Tax Return, Form SS, Form NR, or Form , Schedule 1, Additional. Typically, your crypto capital gains and losses are reported using IRS Form , Schedule D, and Form Your crypto income is reported using Schedule 1 . Step 2: Complete IRS Form for crypto The IRS Form is the tax form used to report cryptocurrency capital gains and losses. You must.