KavexshajayawardhanaDec 30, 2021 · 3 years ago5 answers What are the tax implications of investing in cryptocurrencies through eTrade's Simple IRA?
I'm considering investing in cryptocurrencies through eTrade's Simple IRA. However, I'm concerned about the tax implications. Can you explain what tax rules and regulations apply to investing in cryptocurrencies through eTrade's Simple IRA? How will my investments be taxed? Are there any specific reporting requirements? I want to make sure I understand the potential tax consequences before making any investment decisions.