/IRS Reminds Taxpayers to Report Their Bitcoin and Altcoin Transactions

IRS Reminds Taxpayers to Report Their Bitcoin and Altcoin Transactions



The Internal Revenue Service (IRS) released an official reminder to taxpayers that they need to report any income in the form of virtual currencies on their income tax returns. On March 23, 2018, the IRS deemed that cryptocurrency transactions are taxable by the law. Any taxpayer who does not report …

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