Reporting Stablecoin futures on taxes?

Discussion in 'Crypto Assets' started by farmerjohn1324, Jan 8, 2022.

  1. I live in the USA. How do you think I would report Stablecoin-settled (USDT Tether) futures contracts to the IRS? Since Tether is technically a commodity and not a currency...

    Do you think it would be the same as reporting Fx trades that don't have the USD as one of the pairs? Which goes on Schedule 1, Part I, Line 8 "Other Income"