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Buying BTC and tax audit


yerrot254

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I want to know if any Americans have bought crypto and been audited. I am thinking about getting into crypto and worry about the eye are s auditing me -- even if everything is declared. I don't want the trouble to have to either go back home or make calls to them.

Thanks.

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I have been buying & selling crypto currencies for over five years now and have never been audited for any reason at all. At the end of the year, since I do so much investing in the stock market & cryptocurrency that I have a Tax Preparer do my taxes. No red flags at all with the IRS.

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