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The IRS Has a New Tax Form Out and Wants to Know About Your Cryptocurrency, CNBC.com

Friday, December 6, 2019

Morgan Lewis partner Sarah-Jane Morin was interviewed by CNBC.com for an article about the new US Internal Revenue Service (IRS) Schedule 1 form for the 2019 tax season. Sarah-Jane discussed some uncertainty regarding the treatment of cryptocurrency in the recently released form. “The most conservative approach that a taxpayer can take is to consider any interaction you’ve had with virtual currency and whether there’s any way this can fall under this very broad list of what you could’ve engaged in during 2019,” said Sarah.

Read the full CNBC.com article >>