Crypto Question Placement on New Tax Return ‘Signals IRS Action’

The United States Internal Revenue Service (IRS) has released a new draft for filing the 2020 tax returns, with several significant changes – primarily placing the crypto transaction question on the first page of the return. Form 1040, US Individual Income Tax Return, will ask citizens filing their tax return a question that reads: “At any time during 2020, did you  Read more »
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