Warning: IRS Giving Hell!! Over Bitcoin

 

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If you have not yet filed your taxes or are thinking about filing in the future: beware reporting bitcoin!

First off, I was prepared for this, but my modest bitcoin gains negated any refund I had for all of 2017

Not only that but I’m now being treated like a criminal by the IRS. I’m having to provide documentation of all my income for the last 2 years and present it in person 60 miles away.

I wish I would have not reported my bitcoin gains and dealt with the repurcussions later. I didn’t even gain that much (maybe $4000) and it negated a $3500 refund AND is holding everything up while people act like Dwight with me on the phone.

Ugh thanks for letting me vent

submitted by /u/DimeInPieces
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247 Bitcoin

Bitcoin & Crypto & NFT News

247 Bitcoin -1 Bitcoins -247 BTC - 1 Crypto - Kryptous

1 News - 247 News - 1 Search - 1 eBooks

 

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