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April 14, 2025
Question

If you had one crypto transaction trying out a job opportunity you didn’t proceed with, do you need to report it? It’s literally only $105 USD.

  • April 14, 2025
  • 1 reply
  • 0 views
I already owe $1500 and reporting it means upgrading the TurboTax from free to &130.

1 reply

April 14, 2025

If you are a U.S. citizen or resident alien, you are subject to tax on worldwide income from all sources and must report all taxable income and pay taxes according to the Internal Revenue Code.

 

IRS FAQ US Citizens and Resident Aliens Abroad

 

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