The U.S. Internal Revenue Service will change the wording of the cryptocurrency issue in the 2021 Form 1040 letter.

[The IRS changed the wording of the cryptocurrency issue in the 2021 Draft Form 1040.] Finally, the IRS can move closer to explaining how to tax cryptocurrency. In article 2021 1040 published on Wednesday, the tax authorities asked questions for 2020: "Do you receive, sell, trade or do you have the financial advantages of a virtual currency?" The IRS made it clear in an introduction last year that the cryptocurrency market only works when selling, exchanging goods or services, or exchanging goods, including money. other crypto assets, taxis. Once the language of the new model is adopted, it will be easier and clearer to ask taxpayers about their crypto assets. (Parts office)