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1 posted on 10/12/2019 8:02:32 PM PDT by ameribbean expat
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To: ameribbean expat

Fed and Treasury must be sweating.


2 posted on 10/12/2019 8:03:12 PM PDT by ameribbean expat (Socialism is like a nude beach - - sounds great til you actually get there. -- David Burge.)
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To: ameribbean expat

Crypto?

How about my stash of Cipro?


3 posted on 10/12/2019 8:05:00 PM PDT by Scrambler Bob (This is not /s. It is just as viable as any MSM 'information', maybe more so!)
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To: ameribbean expat


The Internal Revenue Service (IRS) has updated the main form individual U.S. taxpayers use to report their income to include a question about cryptocurrencies.

this is no problem since we all know bitcoin is completely anonymous.         /s


4 posted on 10/12/2019 8:08:51 PM PDT by 867V309 (Lock Her Up)
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To: ameribbean expat

“The Internal Revenue Service (IRS) has updated the main form individual U.S. taxpayers use to report their income”

Two false facts in the first sentence. Delete this garbage.


5 posted on 10/12/2019 8:10:01 PM PDT by TexasGator (Z1z)
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To: ameribbean expat

I’m just now reading a book about bitcoin. Fascinating.
Digital Gold is the book.


6 posted on 10/12/2019 8:10:02 PM PDT by Lurkina.n.Learnin (If you want a definition of "bullying" just watch the Democrats in the Senate)
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To: ameribbean expat

“The IRS Will Now Ask if You Own Crypto in the Most Widely Used US Tax Form”

FAKE news. Please delete this garbage.


7 posted on 10/12/2019 8:11:46 PM PDT by TexasGator (Z1z)
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To: ameribbean expat

I am going to have to ask this of every client? Waste of time.


8 posted on 10/12/2019 8:12:22 PM PDT by Raycpa
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To: ameribbean expat

Who wants to know?


9 posted on 10/12/2019 8:12:49 PM PDT by lee martell
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To: ameribbean expat

Who is crypto and why would I is it of concern to the IRS if I do own him? They into pet ownership now?


13 posted on 10/12/2019 8:19:48 PM PDT by doorgunner69
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To: ameribbean expat
Crypto?

(1) The politically correct term for illegal immigrants?

(2) A new sexual preference?

(3) Crypto talks, and money walks?

14 posted on 10/12/2019 8:21:52 PM PDT by zeestephen
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To: ameribbean expat

I have no idea if this is true or not.

However, the IRS does require you to report money held in foreign banks.

Seems like a very small (and logical) step to ask if you hold cash on the World Wide Web.


19 posted on 10/12/2019 8:32:15 PM PDT by zeestephen
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To: ameribbean expat

IRS says BTC is a commodity...so the answer to “buy/sell/exchange virtual currency” will always be “No”.

In any case practice “safe crypto” by not ever tying your name/ID to any of your private keys, and if you did use an exchange that ID’ed you, use “Wasabi Wallet” to clean up. An in the future use “Bisq” to buy and sell.


30 posted on 10/12/2019 10:29:02 PM PDT by Drago
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To: ameribbean expat
Like you're going to tell them. 😆
35 posted on 10/13/2019 7:37:17 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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