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IRS Updates Crypto-Related Instructions for 2022 Tax Filing

Post author:MiamiCrypto
Post published:October 25, 2022
Post category:1040 1040 cryptocurrency 1040 digital assets 1040 form 1040 instructions IRS IRS crypto tax questions IRS cryptocurrency definitions IRS digital asset definitions irs tax form IRS tax instructions taxes

The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies,…

IRS Expands Crypto Question on Tax Form

Post author:MiamiCrypto
Post published:August 5, 2022
Post category:1040 1040 tax form Crypto tax crypto tax question IRS irs tax form irs tax question tax question 1040 taxes

The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all U.S. taxpayers to file an annual income tax return. New…