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Form 1042-S Explained (Foreign Persons U.S. Source
Box 1: Income Code - This two digit income code identifies the appropriate income source: 12 Other Royalties (i.e. copyright, recording, publishing)
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Frequently Asked Questions on Virtual Currency Transactions
Where do I report my ordinary income from virtual currency? A44. You must report ordinary income from virtual currency on Form 1040, U.S. Individual Tax Return
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Frequently Asked Questions on Virtual Currency Transactions
Where do I report my ordinary income from virtual currency? A44. You must report ordinary income from virtual currency on Form 1040, U.S. Individual Tax Return
Learn more