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2021-04-12 11:55:33

Bitcoin Cash From Hard Fork Is Taxable Income - IRS

Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS).The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to a request for information related to an individual taxpayer who owned BTC and

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