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US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline

Published 04/11/2019, 05:45 PM
Updated 04/11/2019, 06:02 PM
US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline

Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11.

21 different representatives sent a bipartisan letter to the U.S. tax authority requesting guidance on how to report virtual currency taxes. The action took place before the filing deadline for federal income tax returns on April 15, 2019.

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