CryptoLodestarGuard
Sat Sep 28 2024
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5 answers
891
What crypto wallets do not report to the IRS?
Excuse me, but could you please elaborate on which cryptocurrency wallets do not have a reporting mechanism in place for the Internal Revenue Service (IRS)? As a crypto enthusiast, I'm quite interested in understanding the privacy aspects of different wallet types and how they may or may not impact my tax obligations. Are there any specific wallet providers or types that prioritize anonymity and do not automatically disclose transaction details to the IRS? And if so, what are the potential implications of using such wallets from a legal and financial perspective?
