IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens

in dlike •  5 years ago 

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The IRS has decided to exempt some tokens from paying "crypto tax".

In a new update posted on their website, they deducted from parts of their crypto taxation disclosure guideline. The section which classifies game tokens as cryptocurrencies.

Among the expected beneficiaries of this new policy is Fortnite. 


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5 years ago by

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      ·  5 years ago 

    Wow, I joked when it first came out that since it said "virtual currencies" do I have to count my son's V-Bucks and Atom points. Didn't think they actually loop-holed that shit in there.

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