2019-10-14 Virtual Currency and Taxes from irs 2019 tax form 1040 es Watch Video
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⏲ Duration: 19 min 16 sec ✓ Published: 12-Oct-2019
Description: Current Federal Tax Developments for the week of October 7, 2019: Virtual Currency and TaxesnIRS expands IP PIN program to 10 more statesnQuestion on virtual currency transactions will be on Schedule 1, Form 1040 and 1040SR, along with release of more draft instructionsnHard forks of virtual currencies are taxable events per IRS and the rule appears to apply retroactivelynAdditional set of FAQs added for taxation of virtual currencies to IRS website
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