Virtual Currency – IRS is Cracking Down on Crypto-Holding Taxpayers

10 Jan Virtual Currency – IRS is Cracking Down on Crypto-Holding Taxpayers

There’s a new question on the 2019 version of Form 1040, Schedule 1, that asks taxpayers a yes or no question as to whether they have received, sold, sent, exchanged or otherwise acquired any financial interest in any virtual currency.

Click here for FAQ on Virtual Currency Transactions