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Learn what bitcoinadvocacy.shop activity is taxable, your gains or losses, earned income on Coinbase, and filing information (including IRS forms). Coinbase will issue you a form B if you traded Futures via Coinbase Finance Markets. Learn more about Coinbase Futures. Coinbase reports. While exchanges. The short answer is no. At time of writing, Coinbase only reports Form MISC to the IRS. This information is subject to change, so be sure.

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I own multiple units of one kind of virtual currency, some of which were acquired at different times and have different basis amounts. Director of Tax Strategy. If you exchange virtual currency held as a capital asset for other property, including for goods or for another virtual currency, you will recognize a capital gain or loss.