IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens

in #dlike5 years ago

Shared From Dlike

The IRS has decided to exempt some tokens from paying "crypto tax".

In a new update posted on their website, they deducted from parts of their crypto taxation disclosure guideline. The section which classifies game tokens as cryptocurrencies.

Among the expected beneficiaries of this new policy is Fortnite. 


Shared On DLIKE

Sort:  

Wow, I joked when it first came out that since it said "virtual currencies" do I have to count my son's V-Bucks and Atom points. Didn't think they actually loop-holed that shit in there.

 5 years ago  Reveal Comment