How to report crypto on your taxes
It may not be fiat currency, but Uncle Sam still expects you to report your cryptocurrency on your taxes. Here’s how to stay on the IRS’s good side.
When crypto first gained prominence more than 15 years ago, one of the big selling points of the currency was its lack of ties to any specific government. Unlike fiat currency, cryptocurrency offered the possibility of a purely mathematical currency that was unrelated to politics, governance, or taxes.
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