Yep no like kind exchanges other then real estate.
So 10 ltc to 1 bch triggers reporting.
or any coin to any coin triggers reporting. this is as of jan 1 2018. the trump tax laws are directly attacking the exchange of crypto coins for crypto coins. If it was jan 1 2018 and you had 1000 usd and purchased 1000 of any crypto coin and made 1000 trades in 2018 of coin to coin to coin ending up with 1000 in coin on Dec 31 2018 even though you never made any profit for the year and never converted into cash once you purchased the 1000 in coin. you will need to report it all line by line to be in full compliance.
At most I owe under 1000 usd for 2013 to 2018 taxe returns. maybe even due a refunbd of under 1000. I don't give a shit about the $ amount it is the reporting requirements.
Especially since 2018 I am lucky I don't trade much at all.. I hold and or convert to cash . I estimate. I will do a few long reports. And either or get back a little money. But anyone that did lots of coin to coin trading in 2018 or 2019 will be in for a rude awakening if they are USA based.
Note this pc does not access my philipma1957 account so I did my alt to post.
i used tax software (bitcoin.tax) to keep track of trades so it wasnt bad once i imported all the data from the various exchanges.
but now that i sometimes mine odd shitcoins in exchange for btc/whatever i will only use an autoconvert pool that pays in that coin i want, simply because it will be easier than trading a shitcoin at some sketchy exchange no ones ever heard of.