What are the tax reporting requirements for crypto loans?

1 answers

• Nov 23, 2021 · 3 years ago
  As a third-party platform, BYDFi does not provide tax advice. However, it's important to note that tax reporting requirements for crypto loans can vary depending on your jurisdiction. It's generally recommended to consult with a tax professional or accountant who is familiar with crypto taxation to ensure you comply with all the necessary reporting requirements. They can provide guidance on what information you need to provide to the tax authorities and any specific forms or documents that need to be filled out.
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