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RE: The IRS Is After Your Cryptocurrency

in LeoFinance5 years ago

My brother in law does my taxes and I have a feeling him and I are going to have a not fun time with this come Spring. The good thing is he holds crypto too, so he is familiar with what is going to need to be provided and all of that. I am hoping there is some kind of threshold and a likely chance that I am below that number since I don't really buy or trade in large sums. If I ever cash out for a large sum they are more than welcome to take their cut. I think it will be a good five years before they start being consistent with any of these requirements.

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