Virtually no Americans Report Bitcoin Holdings to the IRS

The taxation of Bitcoin capital gains in the US has always been a controversial topic. For a lot of people, it is still rather cumbersome to do so. It is not surprising to see few people effectively report this income to the IRS right now. Less than 100 people have reported any Bitcoin gains or losses so far. This does not seem to add up when looking at the bigger picture. It is possible this situation will change in the near future, though. For now, the IRS will keep monitoring this...

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