03-03-2021, 09:42 PM
IRS clarifies reporting requirements for crypto bought with fiat
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvZmVhOTE4ZjktOTE3Ny00OWUwLWJjN2EtMDY0ZTUwMWQ1MGI4LmpwZw==.jpg"></p><p>The United States IRS has clarified that crypto investors who only purchased digital assets using fiat and did not sell during 2020 do not need to report said activities.</p>
https://cointelegraph.com/news/irs-clari...h-fiatKind Regards R
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvZmVhOTE4ZjktOTE3Ny00OWUwLWJjN2EtMDY0ZTUwMWQ1MGI4LmpwZw==.jpg"></p><p>The United States IRS has clarified that crypto investors who only purchased digital assets using fiat and did not sell during 2020 do not need to report said activities.</p>
https://cointelegraph.com/news/irs-clari...h-fiatKind Regards R