Crypto taxes have been a grey area for a while; with many crypto traders being confused about how to file returns when it comes to crypto profits. However, in the past few years, the IRS has clarified most ambiguous issues around crypto taxation. In fact, it has now started cracking down on crypto tax evaders in a big way and as many as 10000 crypto investors recently received letters from the IRS. That’s why rookie mistakes when filing crypto taxes are just not an option anymore. Here are some of the most common mistakes and how you can avoid them:
The post 5 Mistakes To Avoid When Filing Crypto Taxes appeared first on The Merkle Hash.
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