SumoPower
Fri Sep 13 2024
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7 answers
1418
What happens if you forget to put crypto on your taxes?
Good day, I'm curious about a particular scenario related to cryptocurrency taxation. Could you please explain what consequences one might face if they forget to include their cryptocurrency transactions and holdings on their tax return? Is it a serious offense, and what penalties could potentially apply? Understanding the gravity of this matter is crucial for me as a taxpayer, so I appreciate your insight on this matter.
