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Tax Payers Needn't Disclose Merely Holding Crypto: IRS Draft 2020 Guidance

The U.S. tax agency has clarified who needs to answer "yes" to a question over cryptocurrency activity included in the draft 1040 income tax form.

Updated Sep 14, 2021, 10:23 a.m. Published Oct 26, 2020, 11:13 a.m.
The IRS has released a draft version of the 2021 1040 form.
The IRS has released a draft version of the 2021 1040 form.