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>> No.16844710 [View]
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16844710

How is this legal? There's now a question on IRS form 1040 for 2019 that reads: “At any time during 2019, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency?”

https://finance.yahoo.com/news/irs-adds-specific-crypto-question-to-2019-tax-form-192521373.html

The part "otherwise acquire" is what I'm focusing on here. Since when is "acquiring" an asset something you need to report to the IRS? Do you need to tell them when you buy gold or jewelry or fine art? Or valuable Pokemon cards or baseball cards? Why are they allowed to discriminate and demand you to answer a question about one asset but not another?

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