It was in May 2019 when IRS Commissioner Charles Rettig shared that the agency was working on providing updated guidance. IRS’ 2014 guidance left a lot of unanswered questions as the cryptocurrency market has grown in the years since.

The new guidance addresses the tax liabilities created by cryptocurrency users, the acceptable methods for valuing cryptocurrency received as salary, and how to calculate taxable gains while selling cryptocurrencies.

bitcoin
Bitcoin (BTC) $ 8,517.39
ethereum
Ethereum (ETH) $ 183.51
ripple
XRP (XRP) $ 0.263180
bitcoin-cash
Bitcoin Cash (BCH) $ 265.94
tether
Tether (USDT) $ 1.00
litecoin
Litecoin (LTC) $ 59.20
eos
EOS (EOS) $ 3.40
binancecoin
Binance Coin (BNB) $ 20.02
bitcoin-cash-sv
Bitcoin SV (BSV) $ 123.73
stellar
Stellar (XLM) $ 0.072420
cardano
Cardano (ADA) $ 0.043757
tron
TRON (TRX) $ 0.018654
monero
Monero (XMR) $ 62.28
chainlink
ChainLink (LINK) $ 2.93
cosmos
Cosmos (ATOM) $ 3.91
leo-token
LEO Token (LEO) $ 0.968977
okb
OKB (OKB) $ 2.91
neo
NEO (NEO) $ 12.35
huobi-token
Huobi Token (HT) $ 3.60
tezos
Tezos (XTZ) $ 1.16
iota
IOTA (MIOTA) $ 0.256660
dash
Dash (DASH) $ 68.04
ontology
Ontology (ONT) $ 0.827979
ethereum-classic
Ethereum Classic (ETC) $ 4.66
vechain
VeChain (VET) $ 0.007342
maker
Maker (MKR) $ 618.68
usd-coin
USD Coin (USDC) $ 1.00
crypto-com-chain
Crypto.com Coin (CRO) $ 0.035597
nem
NEM (XEM) $ 0.042183
basic-attention-token
Basic Attention Token (BAT) $ 0.264816
dogecoin
Dogecoin (DOGE) $ 0.002638
zcash
Zcash (ZEC) $ 36.16
decred
Decred (DCR) $ 22.56
paxos-standard
Paxos Standard (PAX) $ 1.00
qtum
Qtum (QTUM) $ 2.15
holotoken
Holo (HOT) $ 0.000976
0x
0x (ZRX) $ 0.282092
true-usd
TrueUSD (TUSD) $ 1.00
bytom
Bytom (BTM) $ 0.097080
omisego
OmiseGO (OMG) $ 1.02
v-systems
V.SYSTEMS (VSYS) $ 0.075097
bitcoin-gold
Bitcoin Gold (BTG) $ 7.93
ravencoin
Ravencoin (RVN) $ 0.026806
algorand
Algorand (ALGO) $ 0.271080
augur
Augur (REP) $ 11.17
nano
Nano (NANO) $ 0.924376
komodo
Komodo (KMD) $ 0.955698
lisk
Lisk (LSK) $ 0.792328
dai
Dai (DAI) $ 1.01
kucoin-shares
KuCoin Shares (KCS) $ 1.16