IRS Targets Crypto Trading and Gig Economy for 2020 Tax Season

The U.S. Internal Revenue Service (IRS) is directly focusing on crypto trading for the 2020 Tax Day with a checkbox on the tax form enquiring after people’s involvement in virtual currency activities. IRS Includes Crypto Trading Question in Tax Form The IRS has updated its Form 1040 — which covers additional income, to include a new checkbox for crypto trading. The newly added question reads: At any time during 2019, did you receive, sell, send,Read More The post appeared first on Bitcoinist.com.

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