The Decrypting Crypto Podcast cover image

Crypto is Tax Free!

The Decrypting Crypto Podcast

00:00

Paying Back Taxes on Cryptocurrency

The iras commissioner said taxpayers should take these letters very seriously by reviewing their tax filings and, when appropriate, amend past returns. "If you have misfiled a tak freturn in 20 15, right? That doesn't just go away," he says. The i r s will go back through, especially if you are flagged to someone who has either transacted or owns a lot of scrypt currency. There's an immediate flag,. And they will dig deeper, and you will get a check, a bill that comes to you t says, he you need to pay x amount within a short period of time"

Play episode from 09:37
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app