IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy

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IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy

U.S. taxpayers have been freed from tax obligations on gaming transactions carried out with virtual cash, according to recent language modifications to the Internal Revenue Service (IRS) webpage. However, confusion still remains in the IRS tax regulations for real cryptocurrencies. The website change removed Robux and V-bucks—gaming currencies for Fortnite and  Read more »
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