Thread: crypto currency
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Old 05-21-2021, 03:28 PM
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Quote:
Originally Posted by Koapaka View Post
Could not agree more....kept me busy and actively engaged with the lockdown time especially! People just don't get there is a REASON the first question the IRS asks on your tax form is have you bought or sold cryptos in this tax year....THEY know it is the future.

I have to wonder how many people that claim cryptos are WAY to dangerous sit at a slot machine, a blackjack table, or play craps when given the chance.
Wrong, the IRS is interested in crypto because they know people have made a lot of money on it and they desperately want to collect taxes on any and all profits.