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How can I draft a sample response letter for an IRS CP2000 notice regarding my cryptocurrency activities?

avatarSufiyan MuhammadNov 26, 2021 · 3 years ago1 answers

I received an IRS CP2000 notice regarding my cryptocurrency activities. How can I draft a sample response letter to address this issue?

How can I draft a sample response letter for an IRS CP2000 notice regarding my cryptocurrency activities?

1 answers

  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of addressing an IRS CP2000 notice related to cryptocurrency activities. To draft a sample response letter, acknowledge the notice and express your willingness to cooperate. Provide a comprehensive explanation of your cryptocurrency activities, including any income, gains, or losses. Support your response with relevant documents such as transaction records, account statements, and receipts. Highlight your commitment to compliance with tax laws and regulations, and mention any steps taken to report your cryptocurrency activities. If you need assistance, consult a tax professional. Keep a copy of your response for future reference. Best of luck in resolving the matter!