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A Few Gotchas: The 2020 IRS Virtual Currency Question crypto tax Jan 15, 2021

IRS virtual currency check-the-box for 2020

In our first ever Crypto Bullseye Blog where I talked about the virtual currency gotcha question for 2019.

Guess what? The saga continues for 2020 and there are a few more twists to this ongoing tale.

The "virtual currency...

A Few Gotchas: The 2019 IRS Virtual Currency Question crypto tax Jan 08, 2021

The 2019 virtual currency check-the-box question

In 2019 the IRS added a virtual currency check-the-box question to Schedule 1 (a form that only some people need to file) forcing people to disclose crypto activity under the penalty of perjury.

Here is the question at the top of...

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