Clinton Donnelly Profile picture
I prepare tax returns for crypto traders, calculate crypto gains, defend in IRS audits. Let’s talk https://t.co/4HoVrqUCq3
Dec 18, 2020 7 tweets 2 min read
1/Almost every taxpayer has a financial interest in some form of virtual currency, by the IRS definition.

Meaning, almost everyone should answer YES to this question, even if you don’t own cryptocurrencies.

#cryptotaxes
#perjurytrap 2/If you answer the virtual currency question falsely, you could be charged with perjury.

Lawyers call this a “perjury trap.”