dude7707
Level 5
04-20-2021
11:42 AM
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Saw this from IRS email:
Correctly answer the virtual currency question. The 2020 Form 1040 asks whether at any time during 2020, a person received, sold,
sent, exchanged or otherwise acquired any financial interest in any virtual currency. If a taxpayer’s only transactions involving virtual currency
during 2020 were purchases of virtual currency, they are not required to answer ‘yes’ to the question.
I always thought, when you say acquired that means PURCHASES? Or am I missing something here?
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