What to make of the IRS's memo on 'microtasking' and crypto income
September 8, 2020, 4:37PM EDT · 3 min read
- A recent IRS memo stated that cryptocurrency earned via microtasks is considered taxable income.
- The memo’s significance is debatable, according to industry participants.
A recent IRS memo stated that cryptocurrency earned via microtasks is considered taxable income. But what to make of it?
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