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CoinLedger has strict sourcing guidelines Coinbase or another platform is.
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CoinLedger has strict sourcing guidelines Coinbase or another platform is.
Understanding the Bitcoin tax rate and reporting requirements can help taxpayers avoid penalties and stay compliant with the IRS. Try CoinLedger � the crypto tax software trusted by , investors across the globe. When you receive new coins from a hard fork, you need to determine their Fair Market Value in USD at the time you receive the coins and report it as ordinary income.