How can I request a tax extension for reporting cryptocurrency earnings in New York State?

3 answers

• Nov 28, 2021 · 3 years ago
  To request a tax extension for reporting your cryptocurrency earnings in New York State, you can file Form IT-370 with the New York State Department of Taxation and Finance. This form allows you to request an extension of time to file your tax return. Make sure to include all the necessary information and submit it before the original due date of your tax return. Keep in mind that an extension to file does not grant an extension to pay any taxes owed, so if you anticipate owing taxes, it's important to estimate and pay them by the original due date to avoid penalties and interest. If you have any specific questions or need further assistance, you can contact the New York State Department of Taxation and Finance directly or consult a tax professional who is knowledgeable about cryptocurrency tax reporting in New York State.
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• Nov 28, 2021 · 3 years ago
  Hey there! If you're looking to request a tax extension for reporting your cryptocurrency earnings in New York State, you're in the right place. Just fill out Form IT-370 and submit it to the New York State Department of Taxation and Finance. Remember to do this before the original due date of your tax return. Keep in mind that an extension to file doesn't mean an extension to pay, so make sure to estimate and pay any taxes owed by the original due date to avoid any penalties or interest. If you need more information or have any other questions, feel free to reach out to the New York State Department of Taxation and Finance or consult a tax professional who knows their way around cryptocurrency taxes in New York State.
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• Nov 28, 2021 · 3 years ago
  At BYDFi, we understand that tax season can be stressful, especially when it comes to reporting your cryptocurrency earnings in New York State. To request a tax extension, you can use Form IT-370 and submit it to the New York State Department of Taxation and Finance. Remember to do this before the original due date of your tax return. It's important to note that an extension to file does not grant an extension to pay any taxes owed, so make sure to estimate and pay them by the original due date to avoid any penalties or interest. If you have any further questions or need assistance, don't hesitate to reach out to the New York State Department of Taxation and Finance or consult a tax professional for guidance.
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