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Cryptocurrency tax question on form

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by COINS NEWS 30 Views

what does financial interest in crypto mean on tax return?

The tax return has this question: At any time during 2023, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell, exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.)

Does owning stock in crypto like bitcoin etf or coinbase count as financial interest?

Do are they referring to direct ownership of crypto like when you open an account at coinbase and purchase crypto there?

submitted by /u/caseyrobinson2
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