The U.S. Internal Revenue Service (IRS) has updated its webpage, removing parts of its crypto tax disclosure guideline which classified game tokens as cryptocurrencies. This includes the online gaming sensation, Fortnite. Fortnite Token Owners Don’t Have to Pay Crypto Tax According to BloombergTax, game token owners won’t have to answer the crypto-specific question on Form 1040. This development comes after the IRS pulled confusing language from its definition of virtual currency. As recently as WednesdayRead More
