IRS Says Like-Kind Tax Exemption Does Not Apply to Crypto Transactions, Nor Did It Before 2018

2019-11-15 23:56

An IRS official has said that taxpayers can’t defer taxes on cryptocurrency exchanges, not even for pre-2018 transactions. Things have been clear up until now: taxpayers can’t make like-kind exchanges when it comes to cryptocurrency trades that took place in 2018, as a result of the previous year’s tax overhaul. Like-kind exchanges are allowing taxpayers […]

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Источник: bitcoinexchangeguide.com

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