1/5 Starting January 1, 2024, the IRS has implemented a new requirement under IRC 6050I, treating digital assets similarly to ca
03 Jan 2024, 20:22
1/5 📢 Starting January 1, 2024, the IRS has implemented a new requirement under IRC 6050I, treating digital assets similarly to cash. This means you may now need to report to the IRS (within 15 days) a transaction or related transactions where you received $10,000+ in #crypto.…
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203 Jan 2024, 20:22
5/5 ⚠️ It's essential to stay informed, understand the implications, and ensure you're meeting all tax reporting requirements when dealing with digital assets. Consult with your personal tax advisor for more information on what you need to do.
DISCLAIMER: Not financial or tax…
5/5 It's essential to stay informed, understand the implications, and ensure you're meeting all tax reporting requirements when
5/5 ⚠️ It's essential to stay informed, understand the implications, and ensure you're meeting all tax reporting requirements when dealing with digital assets. Consult with your personal tax advisor for more information on what you need to do.
DISCLAIMER: Not financial or tax…
03 Jan 2024, 20:22
4/5 ℹ️ The IRS now requires you to report on Form 8300 (within 15 days) the sender's identification information on transactions where you received $10,000+ in digital assets, including the sender's name, address, and social security number, as well as the amount, date, and nature…
4/5 The IRS now requires you to report on Form 8300 (within 15 days) the sender's identification information on transactions whe
4/5 ℹ️ The IRS now requires you to report on Form 8300 (within 15 days) the sender's identification information on transactions where you received $10,000+ in digital assets, including the sender's name, address, and social security number, as well as the amount, date, and nature…