What are the current IRS crypto reporting requirements for foreign owners of U.S. LLCs?
I keep hearing about new IRS rules for cryptocurrency reporting, and I'm overwhelmed trying to figure out what applies to me specifically as a non-U.S. person who owns a single-member LLC.
I know about Form 5472 already but I'm talking about crypto-specific reporting. The digital asset question on tax returns, the new broker reporting rules, Form 8949 — which of these apply to foreign-owned disregarded entities? Is there a comprehensive overview somewhere?
My LLC holds some Bitcoin and Ethereum, does occasional trades, and receives some crypto payments from clients. I just want to understand the full scope of what I need to report.
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