<p>The Internal Revenue Service (IRS) has released an early <a href="https://www.irs.gov/pub/irs-dft/f1040s1--dft.pdf">draft</a> of its new Form 1040, Schedule 1, <em>Additional Income and Adjustments to Income</em>, which for the first time will ask U.S. income tax payers about their crypto activities.</p> <p>The first line of the form, set to roll out in time for tax year 2019, asks: “At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” followed by a yes or no option.</p> <p>The draft by the IRS comes days after the revenue service <a href="https://www.theblockcrypto.com/post/42669/irs-issues-guidance-on-tax-implications-of-cryptocurrency-hard-forks">issued</a> new guidance that addresses the tax implications of a cryptocurrency "hard fork" to the owner of the existing cryptocurrency.</p> <p>In a statement to The Block, the IRS said that starting today it will be accepting comments by email for a 30-day period regarding the addition at WI.1040.Comments@IRS.gov.</p>