dude7707
Level 5

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?

0 Cheers