IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens

IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens

Bitcoin Taxes The U.S. Internal Revenue Service (IRS) has updated its webpage, removing parts of its crypto tax disclosure guideline which classified game tokens as cryptocurrencies. This includes the online gaming sensation, Fortnite. According to BloombergTax , game token owners won’t have to answer the crypto-specific question on Form 1040.