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Returning Member
posted Mar 22, 2022 6:58:58 PM

I did not check the virtual currency question on 140

I mailed in my return last Friday and today I read I must answer the question about virtual currency. I checked my copy and I did not answer the question. IRS just said you must. What should I do now? And I would have answered no.

 

Thanks!

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2 Replies
Expert Alumni
Mar 22, 2022 7:12:02 PM

There is nothing that you can do now if you mailed your return.   You will have to wait to see if the IRS sends you a letter.   Then just answer the question and send back your response.   Otherwise, I would not be concerned about it.   

 

 

Expert Alumni
Mar 22, 2022 7:12:17 PM

There is nothing that you can do now if you mailed your return.   You will have to wait to see if the IRS sends you a letter.   Then just answer the question and send back your response.   Otherwise, I would not be concerned about it.