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19 tagged with "Form 8949"

Complete Form 8949 for capital gains and losses reporting

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Form 1099-DA Arrives in 2026: A Crypto Investor's Guide to the IRS's First Digital Asset Reporting Form
·mike

Form 1099-DA Arrives in 2026: A Crypto Investor's Guide to the IRS's First Digital Asset Reporting Form

U.S. digital asset brokers must issue Form 1099-DA for sales after December 31, 2024. This guide explains what each box reports, why 2025 forms cover only gross proceeds while 2026 forms add cost basis, and how to reconcile broker data with your own records on Form 8949.

crypto-taxes
form-8949
irs-reporting
digital-asset-taxes
+4
Crypto Staking, Mining, and DeFi Taxes: How to Report Digital Asset Income Without Triggering an Audit
·mike

Crypto Staking, Mining, and DeFi Taxes: How to Report Digital Asset Income Without Triggering an Audit

How the IRS taxes crypto staking, mining, and DeFi income in 2026 — covering Revenue Ruling 2023-14, Form 1099-DA, wallet-by-wallet basis tracking, Schedule 1 line 8v, and which forms apply to each digital asset event.

crypto-taxes
staking-rewards
defi-taxes
digital-asset-taxes
+4
Qualified Opportunity Zones in 2026: Capital Gains Deferral, Tax-Free Growth, and the OBBBA Reset
·mike

Qualified Opportunity Zones in 2026: Capital Gains Deferral, Tax-Free Growth, and the OBBBA Reset

How Qualified Opportunity Funds defer capital gains, deliver tax-free appreciation after a 10-year hold, and what changes for new investments under OBBBA's permanent Opportunity Zones 2.0 rules starting January 2027.

tax-planning
capital-gains
real-estate
wealth-building
+4
ESPP Tax Treatment: Qualified vs. Disqualifying Dispositions Explained
·mike

ESPP Tax Treatment: Qualified vs. Disqualifying Dispositions Explained

How qualified versus disqualifying dispositions change the tax bill on a Section 423 ESPP, with worked examples covering ordinary income, adjusted basis, Form 3922 cost-basis fixes, and a decision framework for when holding two years actually pays off.

tax
tax-planning
equity-instruments
personal-finance
+4
NFT Taxes Demystified: A Practical Guide for Creators, Collectors, and Traders
·mike

NFT Taxes Demystified: A Practical Guide for Creators, Collectors, and Traders

NFTs are taxed as property under US rules. Long-term gains on collectible NFTs are capped at 28%, creator sales are ordinary self-employment income, and Form 1099-DA reporting from marketplaces begins with 2025 transactions. This guide covers the math, the forms, and the moves to make before filing.

nft-taxes
crypto-taxes
digital-asset-taxes
tax-loss-harvesting
+3
The Wash Sale Rule: How Active Investors and Crypto Traders Walk Into a Tax Trap
·mike

The Wash Sale Rule: How Active Investors and Crypto Traders Walk Into a Tax Trap

A plain-English guide to IRS Section 1091 — the 61-day window, what counts as "substantially identical," the IRA trap that destroys losses permanently, the current crypto exemption, and how to report a wash sale on Form 8949.

tax
tax-planning
tax-loss-harvesting
capital-gains
+4
Cryptocurrency Tax Compliance Guide: Mastering IRS Requirements with Beancount.io
·mike

Cryptocurrency Tax Compliance Guide: Mastering IRS Requirements with Beancount.io

Complete guide to cryptocurrency tax compliance using Beancount.io. Master IRS requirements, automate tax reporting, optimize capital gains, and ensure accurate crypto tax filing.

cryptocurrency-taxes
crypto-tax-compliance
irs-reporting
form-8949
+11
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