Do I have to report digital asset gains on my taxes?

Yes. Please consult your tax advisor regarding your personal financial situation.

Yes, the US government does expect you to report capital gains from your cryptocurrency investments just like any other investment. Many services don’t provide summary statements, requiring you to use third-party crypto tax software. Vast Bank provides monthly account statements that make it easy to either report capital gains yourself or hand off the form to your accountant. Vast Bank does not provide tax advice. Please consult with your tax advisor regarding your personal tax circumstances.