How can I extend the tax deadline for reporting cryptocurrency earnings in 2022?

3 answers

• Dec 20, 2021 · 3 years ago
  To extend the tax deadline for reporting your cryptocurrency earnings in 2022, you can file for an extension with the IRS. This will give you an additional six months to submit your tax return. Keep in mind that while the extension gives you more time to file, it does not extend the deadline for paying any taxes owed. Make sure to estimate your tax liability and pay any taxes due by the original deadline to avoid penalties and interest.
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• Dec 20, 2021 · 3 years ago
  Hey there! So you want to extend the tax deadline for reporting your crypto earnings, huh? Well, you're in luck! You can request an extension from the IRS by filing Form 4868. This will give you an extra six months to get your tax return in order. Just remember, the extension only applies to the filing deadline, not the payment deadline. So if you owe any taxes, make sure to pay them by the original due date to avoid any penalties.
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• Dec 20, 2021 · 3 years ago
  If you're using BYDFi as your cryptocurrency exchange, you might be interested to know that they offer a convenient option to extend the tax deadline for reporting your earnings. Simply log in to your BYDFi account and navigate to the tax reporting section. There, you'll find instructions on how to request an extension. It's quick and easy! Just make sure to file for the extension before the original deadline to avoid any late filing penalties. Happy tax reporting!
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