US: Tax Filing Service Says Only 0.04% Of Customers Reported Crypto To IRS For 2017

in #esteem7 years ago


Credit Karma reported cryptogrammatic transactions in US Internal Revenue Service (IRS), less than 100,000, or 0.04% of 250,000 citizens, who filed federal tax returns this year through personal loan service, Reuters reported on Tuesday 13th February Does it

Jagjit Chawla, General Manager, Karma Credit Tax said that the company was not surprised at such a small number of cryptocurancers, because citizens with more complex tax conditions are filing later. SOURCE https://cointelegraph.com/news/us-tax-filing-service-says-only-004-of-customers-reported-crypto-to-irs-for-2017

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I'm not surprised. It's obvious that at least now in the beginning of the crypto journey a lot of people will try to get away without paying their taxes.

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