https://ttlc.intuit.com/community/taxes/discussion/cryptocurrency/01/844489#M331184 <P>I have not filed taxes since I quit my job more than 7 years ago but started buying and trading cryptocurrency in 2013. Many of these trades were done on coin-swapping sites and the associated information is not obtainable. The total value of what I held peaked at just over $200,000 at the end of 2017 but has since lost almost all value. What should I do?</P> Fri, 23 Aug 2019 18:19:49 GMT kawfeeguy 2019-08-23T18:19:49Z https://ttlc.intuit.com/community/taxes/discussion/cryptocurrency/01/844489#M331184 <P>I have not filed taxes since I quit my job more than 7 years ago but started buying and trading cryptocurrency in 2013. Many of these trades were done on coin-swapping sites and the associated information is not obtainable. The total value of what I held peaked at just over $200,000 at the end of 2017 but has since lost almost all value. What should I do?</P> Fri, 23 Aug 2019 18:19:49 GMT https://ttlc.intuit.com/community/taxes/discussion/cryptocurrency/01/844489#M331184 kawfeeguy 2019-08-23T18:19:49Z https://ttlc.intuit.com/community/taxes/discussion/re-cryptocurrency/01/845066#M331366 <P>What you should do is go to a local tax professional for help. The tax issues related to cryptocurrency are complex, and you have a serious failure-to-file problem. You need professional guidance and help.</P> <P><BR />See the recent IRS news release at the following link on the IRS web site.</P> <P><BR /><A href="https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-currency-owners-advising-them-to-pay-back-taxes-file-amended-returns-part-of-agencys-larger-efforts" target="_blank" rel="noopener">IRS has begun sending letters to virtual currency owners advising them to pay back taxes</A></P> Sun, 25 Aug 2019 15:03:35 GMT https://ttlc.intuit.com/community/taxes/discussion/re-cryptocurrency/01/845066#M331366 rjs 2019-08-25T15:03:35Z