CPA Anil Melwani answers the question, “Can I go to jail for not paying taxes on NFTs?”

When it comes to going to jail for tax-related reasons, you have to do something significant- like ignore local jurisdiction or the IRS. A lot of people try to hide crypto or NFTs because they think they aren’t tracked, but they shouldn’t hide them. With a big enough debt from tax evasion, you can go to jail.

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