Taxpayers get crypto jolt as IRS was able to manage returns this year
Sun, Apr 17, 2022 7:10 PM

Taxpayers get crypto jolt as IRS was able to manage returns this year

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The scheduled deadline of April 18, for processing the millions of individual returns will be met for the first time in three years, as the Internal Revenue Service of the United States ended up largely being able to manage it.  

VP of Tax Operations at TaxAct said the average refund so far for 2021 is $3,175,  9.9% higher than in 2020.

Crypto owners must know that IRS asks for data. 

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