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60 of 70. In 2022, using a cryptocurrency platform, Sam sold Bitcoin that he held as a capital asset, as an individual. H Sam will
60 of 70. In 2022, using a cryptocurrency platform, Sam sold Bitcoin that he held as a capital asset, as an individual. H Sam will check the "Yes" box next to the question on virtual currency on page 1 of Form 1040 and: O He will use Form 8949 to figure his capital gain or loss and report it on Schedule D (Form 1040). O He will use Schedule C (Form 1040) to report the sale. O He will use Schedule E (Form 1040) to report the sale. The gain or loss from the sale of virtual currency is not taxable and does not need to be reported anywhere else
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