Normally, a taxpayer who merely a taxpayer who merely owned paid with digital assets, they and S must check one Schedule C FormProfit digital assets during the year.
Desktop products. Many questions about the tax treatment of virtual currency can be answered by referring to Notice and Rev. Jordan Bass is the Head of Tax Strategy at CoinLedger, a certified public accountant, and a tax attorney specializing in digital assets. As an example, this could include negligently sending your crypto to the wrong wallet or some similar event, though other factors may need to be considered to determine if the loss constitutes a casualty loss. Does Coinbase report to the IRS?
