With the addition of the virtual currency question to the top of Form 1040 for 2020 tax filings—you can’t avoid handling crypto anymore.
But our 3-part webinar series, Cryptocurrency for Tax Professionals, is here to help! Part 2 covers crypto taxation, including an overview of crypto taxes for capital gains and income, and a breakdown of transaction types.
Key insights in Part 2:
• Deep dive into the two types of crypto taxes: Capital gains and income
• Taxable vs. non-taxable transactions
• Breakdown of tax forms needed and where they come from
• Overview of potential problems for accountants