A tax case every self-custody holder should monitor

T2Covered by 1 source · first reported by Coin Center at 09 Oct, 19:55 UTC

In a case that has received little attention to-date, the IRS alleges that a bitcoin user who self-custodied his coins owes income taxes on assets created by Bitcoin forks that he never accessed or was even aware of before an IRS audit. The case presents the U.S. Tax Court with a question that…