IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions

Bitcoin.com | Jul 24, 2021 at 6:00 PM
  • The U.S. Internal Revenue Service (IRS) has modified the crypto question asked on the main U.S. tax form.
  • Reducing the scope of the question, the IRS now focuses on taxable cryptocurrency transactions.
  • Form 1040 is the main tax form used for filing individual income tax returns in the U.S.