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How can I get a tax extension for my cryptocurrency earnings?

avatarKonradYonDec 20, 2021 · 3 years ago1 answers

I need more time to file my taxes and report my cryptocurrency earnings. How can I get a tax extension specifically for my cryptocurrency earnings?

How can I get a tax extension for my cryptocurrency earnings?

1 answers

  • avatarDec 20, 2021 · 3 years ago
    At BYDFi, we understand that sometimes you need more time to file your taxes and report your cryptocurrency earnings. That's why we recommend filing Form 4868, the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. This form can be submitted electronically or by mail. Remember to estimate the amount of tax you owe and include it on the form, even if you can't pay it right away. It's important to note that a tax extension only extends the filing deadline, not the payment deadline. If you have any questions or need further assistance, feel free to reach out to our support team.