How to declare cryptocurrencies in the Income Tax?
If you bought, sold, or moved crypto assets in 2024, you need to pay attention to the IR declaration.
Even if you haven't withdrawn in reais, the Revenue Service requires the report!
See this detailed step-by-step:
1. Access the Federal Revenue program.
2. Go to the tab: "Assets and Rights" > Group 08 – Cryptoassets.
3. Select the type of currency (e.g.: 01 – Bitcoin, 02 – Altcoins, 10 – Stablecoins).
4. Provide the:
Quantity; Asset name (e.g.: $BTC ); Amount paid (in reais); Name of the exchange (Binance).
5. Use the amount paid as the acquisition cost (not the current value of the asset).
6. Tax is only paid if you sell more than R$ 35 thousand in a month, with profit.
Tip:
Use the transaction history from Binance to fill out securely.
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