How to File a Tax Return for Cryptocurrencies

The tax code generally allows for the loss to be taken when it is known and complete. Here we don't seem to have either of those factors met. And in general, if you had deposits on one of these platforms, it may make sense to file an extension. In the US, the tax return deadline is in April, but you can file a six month extension to file. We're crossing our fingers that there will be a change. There's some clarity in that time.

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