Cryptocurrency users to IRS: Go f*ck yourselves, thieves


Source: CNBC

“A tiny fraction of Americans are reporting their cryptocurrency transactions to the IRS, according to a study from Credit Karma Tax. Fewer than 100 of 250,000 federal tax returns prepared and filed so far this year through the company have filed a Form 8949 for cryptocurrency gains and losses, Credit Karma said Tuesday. That’s less than 0.04 percent of filers. … A survey from LendEDU and conducted by Pollfish in November found that slightly more than a third of respondents were not planing to report their bitcoin transactions to the IRS.” (02/13/18)

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