by Steven J Weil, PhD, EA, LCAM | May 1, 2023 | Blog, Personal Tax
If you own digital assets or crypto currency it’s important to be aware that the IRS recently released, Tax Tips on Digital Asset Reporting and Tax Requirements (Tax Tip 2023-45, April 5, 2023). If you have received or disposed of any digital assets in 2022 you were...
by Steven J Weil, PhD, EA, LCAM | Feb 22, 2023 | Blog, Personal Tax
All taxpayers filing forms 1040, 1040-SR, or 1040-NR must answer a question about digital assets; it is a yes or no question. Taxpayers need to click the “Yes” box if they: Received digital assets as payment for property or services provided; Transferred...
