Ripple (XRPUSD)

[KC01905]

In a completely unrelated article this breaks down some of the tax complexities. I was talking with my new tax woman from H&R Block. She did say a lot of it is done via the “honor system”. But now that crypto is a multi trillion dollar a year business there’s a new division that literally looks for unreported gains and apparently just because you haven’t been found out doesn’t mean you won’t be found out. She was pretty cool actually.

https://cryptotrader.tax/blog/the-traders-guide-to-cryptocurrency-taxes