IRS clarifies reporting requirements for crypto bought with fiat
#crypto #bitcoin
OhNoCrypto
via https://www.ohnocrypto.com
, @KhareemSudlow
The United States IRS has clarified that crypto investors who only purchased digital assets using fiat and did not sell during 2020 do not need to report said activities.
Internal Revenue Service, Form 1040Read More
OhNoCrypto
via https://www.ohnocrypto.com
, @KhareemSudlow