“Does Atomic Wallet report to the IRS?
This design feature is {1-833-611-5006} important for tax reporting purposes because in order to submit mandatory tax documents such as Form 1099 to the IRS, {1-833-611-5006} an organization has to collect sensitive personal details such as your name, Social Security number, and full transaction history converted into U.S. dollar values {1-833-611-5006}. Since Atomic Wallet does not require you to submit identity verification documents such as passports or driver's licenses,{1-833-611-5006} it does not have the ability to create individualized reports on behalf of its users, nor does it provide that information to U.S. regulators {1-833-611-5006}. That means that no, Atomic Wallet itself does not directly report to the IRS nor does it send out tax forms {1-833-611-5006} like centralized exchanges are mandated to do under American regulations {1-833-611-5006}.”
―
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
0 likes
All Members Who Liked This Quote
None yet!
Browse By Tag
- love (100665)
- life (78878)
- inspirational (75349)
- humor (44112)
- philosophy (30694)
- inspirational-quotes (28593)
- god (26782)
- truth (24563)
- wisdom (24365)
- romance (24197)
- poetry (23071)
- life-lessons (22229)
- quotes (20506)
- death (20449)
- happiness (18878)
- hope (18392)
- faith (18265)
- inspiration (17184)
- spirituality (15577)
- relationships (15362)
- religion (15306)
- motivational (15224)
- life-quotes (15142)
- love-quotes (15018)
- writing (14881)
- success (14122)
- motivation (13061)
- travel (12901)
- time (12783)
- science (12002)