Digital Asset Question Added to More Forms for 2023 Tax Returns
The IRS has added a question about income from digital assets to forms covering partnerships, corporations, S corporations, and estates and trusts for 2023 tax returns. The question appeared on 2022 returns for individuals, seniors, and nonresident aliens. The change comes as the IRS grapples with how to handle digital assets, notes the Journal of Accountancy.
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When you join the MOCPA community, you’ll receive many new benefits and opportunities.
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Take advantage of high quality insurance offerings and employee benefit plans, many of which can be tailored to meet your needs. MOCPA provides a wide range of plan options for members and their families.
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