IRS Clarifies Tax Treatment Of Fortnite & Gaming Currencies

Crypto Tax Planning, U.S. Tax Planning /

Gamers (and their parents) can finally breathe a sigh of relief: Fortnite virtual currency is not taxable. The IRS has been increasing awareness on virtual currency and, in recent months, emphasized that taxpayers may have reporting requirements when buying, selling, trading, or otherwise dealing in cryptocurrencies like Bitcoin. The IRS is so serious about it […]

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