2018 Cyptocurrency Tracking Software For New Tax Laws (United States)

Beginning 2018, all cyptocurrency transactions are taxable, including the exchange of one cryptocurrency for another. Under the new tax code, which included an amendment to IRC Section 1031 (a)(1) regarding “like kind exchanges,” the exemption will cover only real estate swaps. The word “property” has been replaced by “real property”, limiting transactions to real estate sector.…