Alexey ZudWorkJan 01, 2022 · 3 years ago6 answers What are the tax implications for cryptocurrency gambling in the United States?
I would like to know more about the tax implications of gambling with cryptocurrency in the United States. How does the IRS view cryptocurrency gambling? Are there any specific rules or regulations that apply to this type of gambling? What are the tax reporting requirements for cryptocurrency gambling winnings? Are losses deductible? I want to make sure I am compliant with the tax laws while enjoying cryptocurrency gambling.