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RE: Paying the piper

in Reflections2 days ago

My position has always been that the IRS is still kind of figuring things out as they go. If I move crypto off an exchange into fiat I will claim that because they can clearly see it. I've only ever done that twice. Anything else, if it catches up with me I will gladly do the work to make things right, but I kind of think they have bigger game in their sights.

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Agreed, they don't really know what's up at the moment and so some of their measures are somewhat draconian.

I totally agree!