Question of
Which taxpayer is required to check the "Yes" box on page of the Form in response to the question about digital assets?
Each scenario describes the taxpayer's only transaction involving digital assets during the year. Each taxpayer views their
asset as an investment, and none of them have made any effort to sell, transfer, or otherwise dispose of the property.
Ben. He paid $ for a nonfungible token NFT on March The estimated value was $ at the end of the year.
Ingrid. She paid $ for Virtual Currency A on August It was only worth $ on December
at $ saiah. He received shares of Virtual Currency B as an award on February On that date, the fractional share was value
the year, its value had declined to $
cryptocurrency exchange at the en a share of Virtual Currency C as an investment on July Although it was still traded on a
