Questions tagged [irs-income tax extension]

1,000+ questions

Anu GillDec 28, 2021 · 3 years ago9 answers
How does the IRS treat other income from cryptocurrency on a 1099 misc?
Can you explain how the Internal Revenue Service (IRS) treats other income from cryptocurrency on a 1099 misc form? What are the reporting requirements and tax implications for individuals who receive income from cryptocurrency transactions?
Cryptocurrency
IRS
1099 Misc
Abdelrahman MohamedDec 28, 2021 · 3 years ago1 answers
What are the potential risks and benefits of using IRS 87000 jobs income to trade cryptocurrencies?
What are the potential risks and benefits of using income from IRS 87000 jobs to trade cryptocurrencies? How does this income source impact cryptocurrency trading? Are there any specific advantages or disadvantages associated with using this income for trading cryptocurrencies?
Cryptocurrencies
IRS 87000 Jobs
Risks
Muhammad SiddiqueDec 28, 2021 · 3 years ago5 answers
How does the IRS treat gambling income from cryptocurrency gambling platforms?
What are the tax implications of earning income from gambling on cryptocurrency gambling platforms according to the IRS?
Cryptocurrency
Gambling
IRS
Uatkarsh ShingadeDec 28, 2021 · 3 years ago7 answers
What are the penalties for not reporting cryptocurrency income to the IRS?
What are the potential consequences and penalties for individuals who fail to report their cryptocurrency income to the Internal Revenue Service (IRS)? Are there any specific regulations or guidelines in place for reporting cryptocurrency earnings?
Cryptocurrency
IRS
Penalties
Nikhil JaggiDec 28, 2021 · 3 years ago9 answers
What are the IRS guidelines for reporting cryptocurrency income on a 1099 form?
Can you provide a detailed explanation of the IRS guidelines for reporting cryptocurrency income on a 1099 form?
Cryptocurrency
IRS
1099 Form
Daniel CardozoDec 28, 2021 · 3 years ago8 answers
What are the reporting requirements for unearned income from cryptocurrency according to the IRS?
Can you explain the reporting requirements for unearned income from cryptocurrency as outlined by the IRS? I want to make sure I comply with the regulations and avoid any potential penalties.
Cryptocurrency
IRS
Reporting Requirements
ChowdaryDec 28, 2021 · 3 years ago5 answers
How does reporting PayPal income to the IRS affect my cryptocurrency investments?
I have been earning income through PayPal from my cryptocurrency investments. How will reporting this income to the IRS impact my investments? Will it have any tax implications or affect my ability to trade cryptocurrencies?
Cryptocurrency
PayPal
IRS
Clint RobbibsDec 28, 2021 · 3 years ago7 answers
Is it mandatory to report 1099 income from cryptocurrency to the IRS?
Do I have to report my 1099 income from cryptocurrency to the IRS? What are the consequences if I don't report it?
Cryptocurrency
IRS
Taxes
Sneha GujjannavarDec 28, 2021 · 3 years ago1 answers
How does the IRS treat short term capital losses offsetting ordinary income from cryptocurrency investments?
What are the rules and regulations set by the IRS regarding the treatment of short term capital losses offsetting ordinary income from cryptocurrency investments?
IRS
Cryptocurrency
Capital Losses
Jama GustafssonDec 28, 2021 · 3 years ago7 answers
How does the IRS differentiate between cryptocurrency income reported on a 1099-MISC and a 1099-K?
Can you explain how the IRS distinguishes between cryptocurrency income reported on a 1099-MISC and a 1099-K form?
Cryptocurrency
IRS
1099-MISC
keifen qinDec 28, 2021 · 3 years ago8 answers
Can you explain the IRS guidelines for reporting cryptocurrency income on a 1099 form?
Could you please provide a detailed explanation of the Internal Revenue Service (IRS) guidelines for reporting cryptocurrency income on a 1099 form? I'm interested in understanding the specific requirements and procedures involved in reporting cryptocurrency earnings to the IRS.
Cryptocurrency
IRS Guidelines
1099 Form
Kent BedoyaDec 28, 2021 · 3 years ago3 answers
What are the steps to report my cryptocurrency income from Cash App to the IRS?
Can you provide a step-by-step guide on how to report my cryptocurrency income from Cash App to the IRS?
Cryptocurrency
Income
Cash App
MoonGuardDec 28, 2021 · 3 years ago6 answers
What are the potential penalties for not reporting cryptocurrency income to the IRS?
What are the consequences of failing to report cryptocurrency income to the IRS and what penalties can be imposed?
Cryptocurrency
IRS
Penalties
Subhash RoyDec 28, 2021 · 3 years ago7 answers
How does the IRS treat cryptocurrency earnings when determining Roth IRA contribution income limits?
Can you explain how the Internal Revenue Service (IRS) treats cryptocurrency earnings when determining the income limits for contributing to a Roth IRA?
Cryptocurrency
IRS
Roth IRA
Abrahamsen WestergaardDec 28, 2021 · 3 years ago7 answers
How does the IRS determine the threshold for reporting cryptocurrency income on a 1099 form?
Can you explain how the Internal Revenue Service (IRS) sets the threshold for reporting cryptocurrency income on a 1099 form? I'm curious to know the specific criteria they use to determine whether or not cryptocurrency earnings need to be reported on a 1099 form.
Cryptocurrency
IRS
1099 Form

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