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1040 crypto question – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 07 Jan 2021 10:47:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png 1040 crypto question – DIGIT INFO https://www.digit.info 32 32 IRS Updates Tax Requirements for Cryptocurrency Owners https://www.digit.info/irs-updates-tax-requirements-for-cryptocurrency-owners/ Thu, 07 Jan 2021 10:47:58 +0000 https://www.digit.info/2021/01/07/irs-updates-tax-requirements-for-cryptocurrency-owners/ Read more]]>

IRS Updates Cryptocurrency Tax Instructions — What Crypto Activities Must Be DisclosedThe U.S. Internal Revenue Service (IRS) has updated its instructions for disclosing crypto activities. The update provides clarification on who must answer “yes” to the IRS’ crypto question and when it is appropriate to select “no” as the answer. IRS Publishes New Crypto Tax Filing Instructions The IRS published updated instructions for Form 1040 on […]

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