What is the step-by-step procedure to file Form 8949 for cryptocurrency margin trading losses incurred on decentralized perpetual exchanges last year?
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Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
What is the step-by-step procedure to file Form 8949 for cryptocurrency margin trading losses incurred on decentralized perpetual exchanges last year?
5 real searches · 1 real-search pass
IRS 2025 Form 8949 instructions digital assets capital asset derivatives futures contracts cryptocurrency perpetual swaps tax treatmentGoogle ↗
OBSERVEDInstruction
IRS digital assets tax FAQ sale exchange disposition digital asset capital gain loss 2025Google ↗
OBSERVEDReason
IRS tax treatment cryptocurrency derivatives perpetual futures contracts section 1256 swaps decentralized exchangeGoogle ↗
OBSERVEDComparison
US tax treatment decentralized cryptocurrency perpetual swap contracts capital loss section 1234A section 1256 IRS guidance perpetual futuresGoogle ↗
OBSERVEDComparison
IRS Form 6781 instructions section 1256 regulated futures contracts foreign exchange board of tradeGoogle ↗
OBSERVEDInstruction
Badge and edge weight = share of passes that produced the query. Hover a query for its intent and routing format.
Query classes
Google's semantic query class for every sub-query: what kind of answer each search is after, simulated vs real.
ChatGPT real searches (5)
Classes come from the query-classifier (a local Laya model). 4 of 5 calls are low-confidence (under 50%) — hover a query in the table to see its confidence.
Searches and sources
ChatGPT5 real searches · gpt-6
IRS 2025 Form 8949 instructions digital assets capital asset derivatives futures contracts cryptocurrency perpetual swaps tax treatment Google ↗
IRS digital assets tax FAQ sale exchange disposition digital asset capital gain loss 2025 Google ↗
IRS tax treatment cryptocurrency derivatives perpetual futures contracts section 1256 swaps decentralized exchange Google ↗
US tax treatment decentralized cryptocurrency perpetual swap contracts capital loss section 1234A section 1256 IRS guidance perpetual futures Google ↗
IRS Form 6781 instructions section 1256 regulated futures contracts foreign exchange board of trade Google ↗
- Form 8949 (2025) · irs.gov
- Schedule D (Form 1040) · irs.gov
- Instructions for Form 8949 (2025) · irs.gov
- Form 6781 (if Section 1256 applies) · irs.gov
- 26 U.S.C. § 1256: Section 1256 contracts marked to market · uscode.house.gov
- Publication 550 (2025), Investment Income and Expenses · irs.gov
- Frequently asked questions on digital asset transactions · irs.gov
- Digital assets · irs.gov
- Frequently asked questions on digital asset transactions · irs.gov
Queries
5 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
IRS 2025 Form 8949 instructions digital assets capital asset derivatives futures contracts cryptocurrency perpetual swaps tax treatment OBSERVED | Google ↗ AI Mode ↗ | — | Instruction | — | — | 1x of 1 | |
IRS digital assets tax FAQ sale exchange disposition digital asset capital gain loss 2025 OBSERVED | Google ↗ AI Mode ↗ | — | Reason | — | — | 1x of 1 | |
IRS tax treatment cryptocurrency derivatives perpetual futures contracts section 1256 swaps decentralized exchange OBSERVED | Google ↗ AI Mode ↗ | — | Comparison | — | — | 1x of 1 | |
US tax treatment decentralized cryptocurrency perpetual swap contracts capital loss section 1234A section 1256 IRS guidance perpetual futures OBSERVED | Google ↗ AI Mode ↗ | — | Comparison | — | — | 1x of 1 | |
IRS Form 6781 instructions section 1256 regulated futures contracts foreign exchange board of trade OBSERVED | Google ↗ AI Mode ↗ | — | Instruction | — | — | 1x of 1 |