IRS Tweaks Crypto Question Language on 2021 Individual Tax Form Draft | Blockchained.news Crypto News LIVE Media


In its 2021 draft of the 1040 Individual Income Tax Return form, the U.S. Internal Revenue Service (IRS) has more clearly stated how crypto assets should be taxed than 2020. "The Hash" hosts discuss the possible impact of IRS' efforts to tackle crypto tax evasion. "Any more certainty and/or ease of use around crypto taxation... will certainly facilitate the payments use case of crypto, and potentially the investment use case even further," host Zack Seward said.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1

Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104779/admin
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

Post a Comment

Previous Post Next Post