archa5
Level 2

Should we use the form 4797 now to show sale of crypto held for more than a year?
It is classified as property not securities nowadays. 

 

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dascpa
Level 11

Form 8949 flowing to Schedule D. It is treated the same as any other non-business capital asset.

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Just-Lisa-Now-
Level 15
Level 15
They're still investment property, not business property, and reported on Sch D.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Terry53029
Level 14
Level 14

The IRS classified Bit Coin "property" a few years ago treating it the same as other assets such as, stocks and bonds, and it receives the same treatment. 

archa5
Level 2

Yes. Investment property

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archa5
Level 2

Yes. It is investment property. Agree.

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