Virtual Currency Transactions

Virtual Currency Transactions

Virtual Currency Transactions discusses the nature of virtual currency, how transactions in virtual currency occur and are recorded, and the tax treatment to which they are subject.

Upon completion, 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; and
  • Identify when and where to report taxable virtual currency events and transactions. 

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