Cryptocurrency (crypto) has been the subject of growing interest by government regulators, including in the U.S., the Internal Revenue Service (IRS ), the Department of Treasury, the Securities and Exchange Commission (SEC), the Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI), among others.
Significant market activity, volatility, and investor interest in the crypto space has sparked important interest to evaluate the value and use of these types of assets. Taxation of Cryptocurrencies (Portfolio 190) Executive Summary examines the classification of Bitcoin for U.S. federal income tax purposes across the following topics:
- Federal tax classification
- Trading and investing
- Selected issues for investment entities
- Cryptocurrency issues
- Information reporting
Download this complimentary executive summary to learn more about the federal income taxation of crypto.