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Re:IRS will look into setting up a free e-filing system by godelski on Wednesday September 07, 2022 @02:48PM (#32754696)
> crypto

Most people trade through brokers like Coinbase, which does report

> overseas earnings

I don't think this applies to the VAST majority people

> business expenses

Also doesn't apply to the vast majority of people.

Re:IRS will look into setting up a free e-filing system by iopq on Thursday September 08, 2022 @01:49AM (#32761663)
Coinbase doesn't support your basis, because you generally just deposit into the account.

When you transfer stocks it transfers the basis for you.

Of course every category doesn't apply to most people. But there's about a thousand of them.

Ever drive Uber? Ever get a donation on Twitch? Ever gamble?

There's so many ways you can get a little chunk of change and IRS wants a slice of all of it