Me:Two false facts in the first sentence. Delete this garbage.
You:That’s not correct.
I am correct. YOU ARE WRONG!
1. It is only a draft
2. It is NOT THE MAIN FORM! It is 1040 SCHEDULE 1.
The Internal Revenue Service (IRS) has updated the main form individual U.S. taxpayers use to report their income to include a question about cryptocurrencies.
One more time, from the IRS page:
"The IRS is aware that some taxpayers with virtual currency transactions may have failed to report income and pay the resulting tax or did not report their transactions properly. The IRS is actively addressing potential non-compliance in this area through a variety of efforts, ranging from taxpayer education to audits to criminal investigations."