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Browse: Home / 2021 / February / 24 / IRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form

IRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form

By Securities Docket on February 24, 2021, 9:01 am

The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions — whether intentionally or not — by adding a new question about it near the top of the new Form 1040.

Source: IRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form

Posted in Industry, Top | Tagged Cryptocurrency, IRS

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