Buy 50 pounds of bitcoin
It also alerted taxpayers of transactions in cryptoassets should anticipate cash at the time of a capital asset.
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What Are Your Chances of an IRS Audit?The short answer is �no,� buying or selling cryptocurrencies won't necessarily trigger an audit. However, if a is reported and you failed to properly. In general, the odds of an audit are relatively low. It was estimated that % of tax returns in were selected for an audit. However, the Inflation. The Bottom Line. Dealing with IRS audits is no fun, but the good news is they can be avoided by reporting your crypto activity accurately. Keep.
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