IRS Changes Course Regarding Fortnite Currencies
- 4 years ago
For months a section of the IRS's website advised Fortnite players, that their in-game virtual currency may be taxed.
According to CNN, the little-noticed provision dated back at least to October 2019.
The notice appeared to mark the first time the agency has ruled on video game currencies.
However, on Wednesday, the IRS scrubbed all mentions of the in-game currency from the webpage.
The removal comes after questions from CNN and other outlets about the policy.
The day after the agency deleted the guideline, the IRS told reporters that including the currencies had been a mistake.
According to CNN, the little-noticed provision dated back at least to October 2019.
The notice appeared to mark the first time the agency has ruled on video game currencies.
However, on Wednesday, the IRS scrubbed all mentions of the in-game currency from the webpage.
The removal comes after questions from CNN and other outlets about the policy.
The day after the agency deleted the guideline, the IRS told reporters that including the currencies had been a mistake.