Denis mainaJun 09, 2022 · 3 years ago9 answers What are the tax implications of trading cryptocurrencies in the United States in 2018?
Can you explain the tax implications that individuals in the United States need to consider when trading cryptocurrencies in 2018? What are the specific tax rules and regulations that apply to cryptocurrency trading? How does the IRS classify cryptocurrencies for tax purposes? Are there any tax benefits or deductions available for cryptocurrency traders? What are the consequences of not reporting cryptocurrency trading activities to the IRS?