So if you live in US while let's say for example trading bitcoin, you need to report it or you will get punished?
I wonder how they track if someone does, lol...
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So if you live in US while let's say for example trading bitcoin, you need to report it or you will get punished?
I wonder how they track if someone does, lol...
Currently they don't track it unless you become under investigation for something else really. If you start depositing large amounts of money into your checking account, have no job, and don't file taxes it could come back to bite you.