Cryptocurrency Q&A
Does the IRS accept crypto?
Does the IRS accept crypto?
ShintoSanctuary
Thu Oct 31 2024
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5 answers
687
I am wondering if the Internal Revenue Service (IRS) in the United States accepts cryptocurrencies as a form of payment for taxes or other financial transactions.
5 answers
Lorenzo
Fri Nov 01 2024
Additionally, blockchain explorers can also provide similar information, focusing on the transactional history and distribution of a cryptocurrency.
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Raffaele
Fri Nov 01 2024
The Internal Revenue Service (IRS) recognizes certain standards for accepting proof of a cryptocurrency's fair market value.
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Dario
Fri Nov 01 2024
One acceptable form of evidence is the value determined by a cryptocurrency explorer.
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Michele
Fri Nov 01 2024
These explorers specialize in analyzing indices from around the world related to various cryptocurrencies.
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amelia_martinez_engineer
Fri Nov 01 2024
By aggregating this global data, the explorer can calculate the precise value of a cryptocurrency at a specified date and time.
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