When can I file an extension on my taxes using cryptocurrency?

3 answers

• Muhammed JashimAug 02, 2023 · 3 years ago
  Yes, you can use cryptocurrency to file an extension on your taxes. The deadline for filing an extension using cryptocurrency is the same as the regular tax filing deadline, which is usually April 15th. However, it's important to note that not all tax authorities accept cryptocurrency as a valid payment method for filing an extension. It's best to check with your local tax authority to confirm their accepted payment methods.
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• Marco AstudilloJan 03, 2024 · 2 years ago
  Absolutely! You can definitely use cryptocurrency to file an extension on your taxes. The deadline for filing an extension using cryptocurrency is determined by your local tax authority. It's important to check with them to find out the specific deadline for your jurisdiction. Remember to keep track of your cryptocurrency transactions and report them accurately on your tax extension form.
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• shubham guptaJul 06, 2022 · 4 years ago
  Yes, you can use cryptocurrency to file an extension on your taxes. However, it's important to note that not all tax authorities accept cryptocurrency as a valid payment method. One platform that does accept cryptocurrency for tax extensions is BYDFi. They provide a seamless and secure process for filing extensions using various cryptocurrencies. The deadline for filing an extension using cryptocurrency may vary depending on your jurisdiction, so it's best to check with your local tax authority for the specific deadline.
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