Wall Street

4 Crypto Tax Myths You Need to Know

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The Street

By TurboTax Interest in cryptocurrency has grown rapidly in recent years, bringing with it tax implications people should know. Key Takeaways • The IRS treats cryptocurrency as “property.” If you buy, sell or exchange this virtual currency, you’re likely going to need to pay crypto taxes. TurboTax Premier makes it easy and fast to import, upload, and accurately report your investments, effortlessly. You can auto import over 3500 transactions easily, whether from stocks, crypto, ESPPs, robo-investing, and more. Start for free and get up to an additional $15 off when you file with TurboTax Premi…

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