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Coinbase said that they will notify anyone whose information they have to divulge to the IRS. Has anyone received this email yet?
The bar is 20k trades and IRS can lower it retroactively at a whim. So if you had any business with Coinbase/GDAX this year, I strongly suggest you file those taxes to avoid criminal limbo for the next years.
20k number of trades or 20k USD worth of trades?
Worth of trades afaik.
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Musings (rant?) of an old timer
The bar is 20k trades and IRS can lower it retroactively at a whim. So if you had any business with Coinbase/GDAX this year, I strongly suggest you file those taxes to avoid criminal limbo for the next years.
20k number of trades or 20k USD worth of trades?
Worth of trades afaik.