The IRS has dropped the failure to pay penalty for the 2020 and 2021 tax years.
What is the failure to pay penalty, and how does this apply to you? Thread below! 🧵
— Crypto Tax Girl (@CryptoTaxGirl) January 10, 2024
Stay on top of crypto news, get daily updates in your inbox.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://decrypt.co/212324/crypto-taxes-irs-waives-penalties
- :has
- :is
- :not
- $1 billion
- 000
- 1
- 10
- 2020
- 2021
- 7
- 8
- a
- Able
- About
- Absolute
- According
- After
- All
- already
- also
- Americans
- amount
- and
- applicable
- Apply
- April
- ARE
- assessed
- At
- Automatic
- BE
- begin
- Beginning
- benefit
- Billion
- Bills
- but
- by
- cases
- charge
- charged
- charges
- Collective
- collector
- continued
- could
- COVID-19
- COVID-19 pandemic
- crypto
- Crypto News
- Crypto Tax
- Crypto Taxes
- crypto transactions
- crypto users
- cryptocurrency
- daily
- Dark
- deadline
- Decrypt
- designed
- DID
- does
- dropped
- eligible
- end
- Equivalent
- estimates
- Every
- extend
- FAIL
- Failed
- Failure
- Federal
- federal reserve
- fee
- Fees
- Filing
- For
- forever
- from
- full
- Gains
- get
- Girl
- Half
- Have
- height
- higher
- How
- HTTPS
- if
- in
- included
- inclusion
- Income
- individuals
- internal
- IRS
- IT
- ITS
- jpg
- Last
- Late
- less
- letting
- made
- many
- March
- means
- million
- Month
- monthly
- mostly
- Mountain
- news
- now
- of
- off
- on
- only
- Opportunity
- or
- out
- over
- paid
- pandemic
- Pay
- plato
- Plato Data Intelligence
- PlatoData
- potential
- Program
- purely
- receive
- relative
- relief
- report
- Reserve
- return
- same
- Save
- Savings
- says
- scene
- sending
- set
- situation
- some
- stand
- standard
- stopped
- surveyed
- tax
- Taxes
- taxpayers
- than
- that
- The
- their
- Them
- they
- this
- those
- though?
- Through
- time
- to
- top
- traded
- Transactions
- under
- Updates
- used
- users
- waived
- was
- WHO
- will
- with
- without
- years
- yet
- You
- Your
- zephyrnet