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The IRS issued another version of draft instructions (dated 12/31/20).
A couple of new items in this version 👇
- Further clarifies what's virtual currency is (very broad definiton)
- Requires you to check "yes" if you just purchased crypto in 2020 https://t.co/cP6Iam1ZVh
— Shehan 🧗♀️|🇱🇷|🇱🇰 (@TheCryptoCPA) January 4, 2021