Thread: Crypto isnt going to be private for very much longer - IRS to tax

Originally Posted by sandman3573

I got a letter a couple years back from irs. They can kiss my ass. Pretty much here in Florida if you keep your purchases under 20k you are clear. Not sure if it has changed in the last few months. Each state is different so check for your state and see what the threshold is. I saw some had to pay taxes an anything over 3k.

They passed a new policy. The noose is in place. Expect it to tighten as time goes on. I know nobody wants hear this because Bitcoin has become nice and comfy but heavy regulation is coming.