Crypto Taxes – Credit Karma Reports 0.04% of Users Reported Cryptocurrency to IRS
Crypto Taxes – As April 17th closes in Credit Karma, the highly used Tax platform in the US, announced that less than 100 people have reported capital gains from cryptocurrency investments in 2017. CNBC reported that this figure was out of the 250,000 most recent tax filers.
Back in early February, the beginning of the tax season, Credit Karma reported the same numbers. Back in 2015, the Internal Revenue Service (IRS) reported that only 802 individuals total had cryptocurrency gains or losses in their taxes. The IRS had provided help with filing your taxes and adding …
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