Please Note: Tax forms for the 2022 tax season will be available for download on February 15th.
The form 8949 is the most common form generated on TaxBit by our users, this is because the IRS expects everyone who disposes of digital assets to provide a form 8949. You will receive a few different options for downloading this form from the TaxBit app on the Taxes page
(How to download your tax forms).
When you download forms 8949, TaxBit will give you several options to choose from depending on what you need. The file downloaded will be a folder that contains the forms included in your subscription.
- Turbotax Online CSV
- Turbotax Desktop TXF
- TaxAct CSV
If you received any income that is reported in your TaxBit account, the income report is available to download in CSV format. The income report will provide you with a list of individual income transactions, and the corresponding USD value of the received assets. The income report is not an IRS tax form, because it is the responsibility of the source of that income to provide a tax form when certain thresholds are met.
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