2026 Virtual Currency Transactions and Form 1040

According to a survey done by the Pew Research Center whose results were published in April 2023, 17% of Americans indicated they personally have invested in, traded or otherwise used virtual currency . Additionally, the number of people investing in or engaging in transactions involving virtual currency continue to increase. These statistics strongly suggest that…

Written by

Description

EAs and Other Tax Preparers, after passing the exam you MUST click on the link “GET YOUR CERTIFICATE” to have your hours reported to the IRS. 

According to a survey done by the Pew Research Center whose results were published in April 2023, 17% of Americans indicated they personally have invested in, traded or otherwise used virtual currency . Additionally, the number of people investing in or engaging in transactions involving virtual currency continue to increase. These statistics strongly suggest that tax preparers must be aware of the nature of virtual currency and its tax treatment. It’s to provide that awareness that Tax Treatment of Virtual Currency was written.

Learning Objectives
After completing this course, students should be able to:
•    recognize the methods of obtaining and storing virtual currency
•    describe how transactions involving virtual currency work
•    understand the basic nature of blockchains
•    apply the existing U.S. tax laws to virtual currency transactions
•    identify when and where to report taxable virtual currency events and transactions

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. Clicking on the Certificate link will show the course as 100% Complete

A course evaluation form is provided for your feedback and participants have 1 year from the date of purchase/enrollment to complete this course. .

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/

Additional information

Advanced Preparation

Course Author

Credits

Field of Study

Instructional Format

Knowledge Level

Location

Program Prerequisites

Published Date

Who Should Attend

$45.00
Buy Now

Immediate access. Your course opens in the CPE Prime learning center as soon as payment completes.


Credit hours
Field of study
Instructional format
Knowledge level
Author
Published
Advanced preparation