Home Tags Backtracks

Tag: backtracks


IRS backtracks on whether video game currencies are taxable

On Wednesday, the IRS quietly changed a provision on its website that said transactions of virtual currency like Fortnite’s V-bucks were taxable and may have to be reported on tax returns, as reported by CNN. The provision had been on the IRS’ website since at least October, and you can see it right here, thanks…