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How the IRS tracks down people who don’t report their crypto

How the IRS tracks down people who don’t report their crypto

Crypto income taxation is a murky arena at present. It would seem that even the U.S. Internal Revenue Service, or IRS, has a tough time figuring out who owes what, according to Wendy Walker, solution principal at the tax compliance company Sovos. “In the typical tax system, the IRS uses 1099 reporting,” Walker told Cointelegraph in an interview.








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