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It's true for the blockchain game because all blockchain transactions are taxable events. If you purchase crypto from an American exchange and transfer it to y
by swalsh 4y ago
It's true for the blockchain game because all blockchain transactions are taxable events. If you purchase crypto from an American exchange and transfer it to your wallet, the IRS will know your address. Even if all you do is play games, the IRS will know your address and validate you reported it on your taxes. The chain is public.
- 3np 4y ago> all blockchain transactions are taxable events Far from it, actually. > the IRS will know your address How easy it is to get caught if you neglect it is orthogonal to if it's required or not.