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Unwanted Cryptocurrency Could Trigger Tax Under IRS Policy

Unwanted Cryptocurrency Could Trigger Tax Under IRS Policy

Cryptocurrency holders could have to pay tax on coins they received unwittingly, or against their wishes, under recent IRS guidance. If left unchanged, the policy may make it harder for people to meet their tax obligations-at a time when the IRS is ramping up enforcement to increase compliance in the crypto space, according to tax professionals.








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