The Reality
Every sale, trade, or use of crypto is a taxable event. The IRS has served summonses on major exchanges and is building cases. Answering the digital asset question on your return incorrectly is a false statement on a federal filing.
Fix It Now
File amended or delinquent returns with accurate crypto reporting. Getting compliant before the IRS contacts you puts you in a far better position than waiting.
Blockchains are public ledgers. Fixing your reporting now beats explaining it later.
This guide is general information about federal tax law, not legal advice for your situation. Reading it does not create an attorney-client relationship.