As we reported previously in Cost-Basis Reporting on IRS Form 8949 Is a Nightmare, the new IRS Form 8949 replaces the Schedule D-1 attachment to Schedule D (Capital Gains and Losses).

Capital gains count as taxable income and can affect your tax bracket, deductions and rates. They are taxed as short-term or ...

Uphold and TaxBit have partnered to tackle a surge of automatic audits that have been triggered by the issuance of 1099-K forms for individuals trading cryptocurrency. Starting last year, ...

Next, you will need to report these gains or losses on your tax return using IRS Form 8949 and Schedule D. It is also essential to keep track of any mining or staking rewards you receive, as these ...