Regardless of whether or not be required to send B or meeded worker and were accounting for your crypto taxes, for longer than a year be self-employed and need to.
For most paid TurboTax online and mobile offerings, you may start using the tax preparation features without paying upfront, and pay only when you are ready to file or purchase add-on products or services. If you mine, buy, or receive cryptocurrency and eventually sell or spend it, you have a capital transaction resulting in a gain or loss just as you would if you sold shares of stock. If someone pays you cryptocurrency in exchange for goods or services, the payment counts as taxable income, just as if they'd paid you via cash, check, credit card, or digital wallet. Product limited to one account per license code. Crypto Calculator Estimate capital gains, losses, and taxes for cryptocurrency sales Get started.
