US: IRS Considering Asking Every Citizen If they Ever Used Cryptocurrency


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Man sitting down calculating bitcoin Tax

The US taxation watchdog is tightening the noose around crypto investors. IRS Wants to Know About Your Crypto Indulgences The US Internal Revenue System (IRS) recently released drafts of its income tax forms for 2020 which particularly asks all taxpayers whether they ever bought any crypto. In specific, the latest 1040 form asks individuals —

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