turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lastchair
New Member

A cryptocurrency platform want me to pay tax on my profits from outside money before they release my profits. Is this legal/ethical or a scam.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
MinhT1
Expert Alumni

A cryptocurrency platform want me to pay tax on my profits from outside money before they release my profits. Is this legal/ethical or a scam.

It looks like a scam because you never pay taxes to a cryptocurrency platform.

 

Taxes are paid to the IRS or the state.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
lastchair
New Member

A cryptocurrency platform want me to pay tax on my profits from outside money before they release my profits. Is this legal/ethical or a scam.

I was thinking the same.  Thank you!

 

Last Chair Realty

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies