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Have you heard of having to pay taxes to the IRS on profits made with a US company?

Profits made trading cryptocurrency will not be released until taxes are paid to the IRS through the company. Is this legitimate?
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Have you heard of having to pay taxes to the IRS on profits made with a US company?

For assistance with U.S. taxes and U.S. versions of TurboTax, please visit the website for TurboTax USA.