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Tools such as Cointracker can time to reconcile your crypto the government, you'll still need the necessary tax forms, Chandrasekera.
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Coinbase Tax Documents In 2 Minutes 2023It's important to note: you're responsible for reporting all crypto you receive or fiat currency you made as income on your tax forms, even if you earn just $1. Coinbase tax documents report cryptocurrency that is taxed as regular income. Where this income is reported depends on your employment status. Coinbase Tax Reporting � Navigate to your Coinbase account and find the option for downloading your complete transaction history. � Import your transaction.
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