What is the 2022 threshold for reporting cryptocurrency holdings on Form 8938?

3 answers

• ko yeOct 23, 2023 · 2 years ago
  The threshold for reporting cryptocurrency holdings on Form 8938 in 2022 is $10,000. If the total value of your cryptocurrency holdings exceeds $10,000 at any point during the year, you are required to report it on Form 8938. This includes all types of cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin.
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• Reena YadavFeb 18, 2023 · 3 years ago
  In 2022, the threshold for reporting cryptocurrency holdings on Form 8938 is set at $10,000. This means that if the total value of your cryptocurrency holdings exceeds $10,000 at any time during the year, you must report it on Form 8938. It's important to note that this threshold applies to the aggregate value of all your cryptocurrency holdings, not just individual transactions.
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• Otávio MontalvãoJan 23, 2025 · 9 months ago
  According to the latest guidelines, the threshold for reporting cryptocurrency holdings on Form 8938 in 2022 is $10,000. This means that if the total value of your cryptocurrency holdings, including all types of cryptocurrencies, exceeds $10,000 at any point during the year, you are required to report it on Form 8938. It's crucial to stay compliant with the reporting requirements to avoid any potential penalties or legal issues.
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