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Taxpayers Should Report Digital Asset Transactions, Gig Economy Income, Foreign Source Income And Assets | TaxConnections
The Internal Revenue Service reminds taxpayers they’re generally required to report all earned income on their tax return, including income earned from digital asset transactions, the gig economy and service industry as well as income from foreign sources. Reporting requirements for these sources of income and others are outlined in the Instructions for Form 1040 and Taxpayers Should Report Digital Asset Transactions, Gig Economy Income, Foreign Source Income And Assets