IRS Reminds Taxpayers to Report Digital Asset Income on 2023 Tax Returns

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Cointime2024/01/23 15:23

By:Cointime

Taxpayers are reminded by the IRS to answer a question about digital assets on their 2023 tax returns and report any related income. The question is mandatory for all taxpayers, regardless of whether they engaged in digital asset transactions. Those who received or disposed of digital assets must report the income on their tax returns. Additionally, the article provides information on when taxpayers should check "No" regarding digital assets on their tax forms. The article also includes a function called createUniqueId that generates a unique ID using a specific format, which is then used to remove the class attribute from an element and set a new ID for it.

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