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ap17

Re: KC01905 post# 31526

Saturday, 02/26/2022 4:44:10 PM

Saturday, February 26, 2022 4:44:10 PM

Post# of 36004
In a word, NOPE! Sireee They are simply applying stock regs to crypto.....OF WHICH THERE IS NO policy. They might.....and even that's a stretch, MIGHT have rules in place for 2022 tax year....2021 is STILL A FREE RIDE! like it or not despite the chicken little warnings!! Only 1 or 2 exchanges are doing 1099's. If you don't get a 1099 from the exchange, or not available for download....NEITHER DID THE IRS! and I guarantee, IRS will not be downloading 1099's. THEN............you can safely omit that from your returns.
It's not the dramatics like on TV and they audit you to the poor house.....that's folklore.....doesn't happen that way......not even close.

The difference between genius and stupidity is, Genius has its limits.
Albert Einstein

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