is form 8949 required for reporting cryptocurrency transactions 
form 8949 may be required when you realize a gain on cryptocurrency by buying and then selling crypto for profit in a taxable account or exchanging crypto for goods or services that realize a gain in value 7the bottom lineform 8949 sales and other dispositions of capital assets is an irs form used by both individuals and businesses to report capital gains and losses from investments form 8949 and schedule d are required as part of your tax return whenever a capital asset such as stock is sold during the year 6each listing of an asset on form 8949 includes the description of the property its purchase price purchase date selling price and selling date for stock investors most of the information needed to complete form 8949 is included on form 1099 b that brokerages send to their account holders annually 