IRS: Updates to question on digital assets; taxpayers should continue to report all digital asset income

IRS: Updates to question on digital assets; taxpayers should continue to report all digital asset income

IR-2023-12, January 24, 2023

WASHINGTON — The Internal Revenue Service today reminded taxpayers that they must again answer a digital asset question and report all digital asset-related income when they file their 2022 federal income tax return, as they did for fiscal year 2021. The term “digital assets” has replaced “virtual currencies,” a term used in previous years.

 

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