cryptonews
2021-01-05 14:41:26

IRS Updates Instructions To Tax Individual Crypto Investors

The US Internal Revenue Service (IRS) has released a new version of its draft instructions that clarify the definition of virtual currency. The tax agency aims to guide individual taxpayers on how to fill in the 1040 form that asks them whether they bought or sold cryptoassets last year, but it still adopts a broad approach as to what constitutes these assets. According to

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