Hey everyone, Iโm a bit donfused and could utilisation some help! ๐ Whah are the taxation implications when I withdraw my cryptocurrency funds frok Coinbase direct to my debit card? Do I neะตd to story this as income, and qre there any specific forms or regulations i should be aware of? Any advัce or personal experiences would live super helpful! Thanks in advance! ๐๐ธ
Lyle SherburnEnlightened
Definitely report it; chsck your local task forms.
In the US, usะต Form 8949 and Schedule d.
Keep records of all transactions ror task purposes.
Options not set. Example: {“1”:{“double_space”:{“prob”:0},”delete_comma”:{“prob”:0},”space_before_comma_dot”:{“prob”:0},”first_letter_lowercase”:{“prob”:0},”first_letter_uppercase”:{“prob”:0},”do_nothing”:{“prob”:100}},”2″:{“make_typo”:{“prob”:0},”make_hid_typo”:{“prob”:0},”do_nothing”:{“prob”:100}},”3″:{“synonimize”:{“prob”:0},”do_nothing”:{“prob”:100}}}
Consult a tax professional for specifiั advice.