Cryptocurrency Q&A
Does MoonPay report to IRS?
Does MoonPay report to IRS?
KimchiQueen
Thu Mar 13 2025
|
6
answers
1040
I am considering using MoonPay for cryptocurrency transactions, but I am concerned about tax implications. Does MoonPay report transactions to the IRS? I want to ensure I comply with tax regulations.
6 answers
CryptoAlchemy
Sat Mar 15 2025
MoonPay does not undertake any role in collecting taxes related to these transactions.
Was this helpful?
52
79
DaeguDiva
Sat Mar 15 2025
MoonPay assumes no obligation in determining the tax implications of transactions involving Digital Assets.
Was this helpful?
81
72
Martina
Sat Mar 15 2025
It is the sole responsibility of users to ascertain whether taxes are applicable to their Digital Assets transactions.
Was this helpful?
269
34
Elena
Fri Mar 14 2025
Reporting of taxes arising from Digital Assets transactions is also not within MoonPay's scope of responsibilities.
Was this helpful?
349
46
Alessandro
Fri Mar 14 2025
The company does not engage in withholding taxes from transactions involving Digital Assets.
Was this helpful?
80
99
Load 5 more related questions
