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The IRS Will Now Ask if You Own Crypto in the Most Widely Used US Tax Form
Coindesk ^
Posted on 10/12/2019 8:02:32 PM PDT by ameribbean expat
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To: TexasGator
41
posted on
10/13/2019 2:13:51 PM PDT
by
aquila48
(Do not let them make you care!)
To: aquila48
“But was my hunch right?”
You have a series a false hunches.
To: TexasGator
I guess you're wrapped pretty tight about not wanting to report your crypto income to the IRS.
One more time, from the IRS page:
"The IRS is aware that some taxpayers with virtual currency transactions may have failed to report income and pay the resulting tax or did not report their transactions properly. The IRS is actively addressing potential non-compliance in this area through a variety of efforts, ranging from taxpayer education to audits to criminal investigations."
43
posted on
10/13/2019 4:51:04 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: SkyPilot
I guess you're wrapped pretty tight about not wanting to report your crypto income to the IRS accuracy in media.
To: TexasGator
Well, hang in there and have a good week.
45
posted on
10/14/2019 12:51:52 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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