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Exchanges reporting crypto gains to IRS becomes tax nightmare

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Exchanges reporting crypto gains to IRS becomes tax nightmare

The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors.

Exchanges reporting crypto gains to IRS becomes tax nightmare

Exchanges reporting crypto gains to IRS becomes tax nightmare

Source：Cointelegraph

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Source：https://cointelegraph.com/magazine/exchanges-reporting-crypto-gains-to-irs-becomes-tax-nightmare