Moonday Mornings: IRS readies to tax your cryptocurrency — no matter what – The Next Web

Welcome to Monday, it’s the start of another week and that means it’s time for Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines.

Take a look.

1. New cryptocurrency tax form from IRS

According to CNBC, the US Internal Revenue Service has released a new tax form, asking cryptocurrency traders to declare their holdings.

The IRS’ new “Schedule 1 for the 2019 tax season,” asks tax payers if they received, sold, sent, exchanged, or acquired virtual currency by any other means over the past year.

cryptocurrency, tax, irs, form, gains