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IRS Newswire February 20, 2024

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*Issue Number:*? ? IR-2024-44

*Inside This Issue*
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*IRS: Free Feb. 22 webinar to focus on taxable transactions with digital assets*

WASHINGTON ? The Internal Revenue Service announced today that it will hold a free webinar Thursday aimed at tax professionals whose clients receive income through digital asset transactions.

The 2 p.m. ET Thursday, Feb. 22, webinar will reflect January?s announcement [ [link removed] ] that, in general, taxpayers should continue to report all digital asset income, including cryptocurrency.

During this free webinar, the IRS will cover:


* Identifying taxable events involving digital assets.
* Calculating income, gains and losses associated with digital asset transactions.
* Reporting income, gains and losses associated with taxable digital asset transactions for individuals filing Form 1040 and 1040-SR tax returns.
* A live question and answer session.

Though primarily aimed at tax professionals, anyone is welcome to attend.

Certificates of completion are being offered. Tax Professionals can earn up to one continuing education credit in the category of Federal Tax. Closed captioning will be offered.

*Time:* 2 p.m. (Eastern time); 1 p.m. (Central time); noon (Mountain time and Arizona); 11 a.m. (Pacific time), 9 a.m. (Hawaii Aleutian time)

*Registration:* Visit the Internal Revenue Service webinar [ [link removed] ] website.

Questions can be emailed to [email protected].

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