random_dudeDec 19, 2021 · 3 years ago1 answers What are the tax obligations when using Coinbase for cryptocurrency transactions?
When using Coinbase for cryptocurrency transactions, what are the tax obligations that individuals need to be aware of? How does the tax treatment differ for different types of transactions such as buying, selling, and trading cryptocurrencies? Are there any specific reporting requirements or forms that need to be filled out? What are the potential consequences for not complying with these tax obligations?