Cryptocurrency Q&A Does Exodus report to the IRS?

Does Exodus report to the IRS?

KimchiQueenCharmingKiss KimchiQueenCharmingKiss Sun Sep 22 2024 | 7 answers 1156
Could you please clarify whether Exodus, a cryptocurrency wallet provider, is obligated to report user transactions to the Internal Revenue Service (IRS) in the United States? As cryptocurrency use grows, many users are concerned about tax implications and the level of privacy they can expect from their wallets. It's essential to understand if Exodus shares information with tax authorities to comply with regulations and plan finances accordingly. Does Exodus comply with tax reporting requirements or maintain a strict policy of user privacy when it comes to financial transactions? Does Exodus report to the IRS?

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