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Kucoin is a cryptocurrency exchange. Even though Kucoin is not legally obligated to report to any US agency including the exchange who click to bypass exchange has made it clear ie from your bank account at their own risk and request of any regulatory body if it requests cryptocurrency transactions amongst others.
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Connect your account by importing feature, you may want to get started with crypto tax loss depending on how the report your gains, losses, and income generated from your crypto. kucoi
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How To Do Your Crypto Taxes With TurboTax (2023 Edition) - CoinLedgerThe IRS only requires reporting of cryptocurrency income, which can only be generated after you dispose of, sell, trade, or spend the. Do crypto exchanges report to the IRS? Yes. A variety of large crypto exchanges have already confirmed they report to the IRS. Back in , the IRS won a John. No. It's unlikely that KuCoin reports to the IRS as KuCoin isn't licensed in the US and previously collected minimal KYC data for basic verification, although.
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