{"id":5726,"date":"2020-02-17T07:52:55","date_gmt":"2020-02-17T13:52:55","guid":{"rendered":"http:\/\/blog.zoha-islands.com\/?p=5726"},"modified":"2020-02-17T07:52:55","modified_gmt":"2020-02-17T13:52:55","slug":"virtual-currency-transactions-real-tax-compliance-inspired-by-a-true-story","status":"publish","type":"post","link":"https:\/\/zoha-islands.com\/blog\/virtual-currency-transactions-real-tax-compliance-inspired-by-a-true-story\/","title":{"rendered":"Virtual Currency Transactions, Real Tax Compliance: Inspired by a True Story"},"content":{"rendered":"<h3 class=\"entry-header\">Virtual Currency Transactions, Real Tax Compliance: Inspired by a True Story<\/h3>\n<div class=\"entry-content\">\n<div class=\"entry-body\">\n<p><img decoding=\"async\" loading=\"lazy\" class=\"asset asset-image at-xid-6a00d8341bf74053ef0240a50c12c8200b img-responsive alignnone\" title=\"SL comic Linden Dollar tax\" src=\"https:\/\/nwn.blogs.com\/.a\/6a00d8341bf74053ef0240a50c12c8200b-800wi\" alt=\"SL comic Linden Dollar tax\" width=\"600\" height=\"697\" border=\"0\" \/><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<div class=\"entry-more\">\n<p><em> <img decoding=\"async\" loading=\"lazy\" class=\"asset asset-image at-xid-6a00d8341bf74053ef025d9b31e38c200c image-full img-responsive alignnone\" title=\"SL comic transaction Linden Dollar tax\" src=\"https:\/\/nwn.blogs.com\/.a\/6a00d8341bf74053ef025d9b31e38c200c-800wi\" alt=\"SL comic transaction Linden Dollar tax\" width=\"640\" height=\"1635\" border=\"0\" \/><br \/>\n<\/em><\/p>\n<p><em>Inspired this actual announcement and this actual message sent by Linden Lab:<\/em><\/p>\n<div>\n<h1 class=\"ipsType_pageTitle ipsType_largeTitle ipsContained_container\"><span class=\"ipsType_break ipsContained\"> Tax-Related Documents from Linden Lab <\/span><\/h1>\n<\/div>\n<div>\n<div class=\"ipsPhotoPanel ipsPhotoPanel_tiny ipsSpacer_top\">\n<div class=\"ipsPos_right ipsResponsive_noFloat ipsResponsive_hidePhone\">\n<div data-followapp=\"blog\" data-followarea=\"entry\" data-followid=\"2483\" data-controller=\"core.front.core.followButton\"><span class=\"ipsType_light ipsType_blendLinks ipsResponsive_hidePhone ipsResponsive_inline\"><i class=\"fa fa-info-circle\"><\/i> <a title=\"Go to the sign in page\" href=\"https:\/\/community.secondlife.com\/login\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sign in to follow this<\/a>\u00a0\u00a0<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<header>\n<div>\n<div class=\"ipsPhotoPanel ipsPhotoPanel_tiny ipsSpacer_top\">\n<div class=\"ipsPos_right ipsResponsive_noFloat ipsResponsive_hidePhone\"><\/div>\n<p><a id=\"ips_uid_8273_3\" class=\"ipsUserPhoto ipsUserPhoto_tiny\" title=\"Go to Linden Lab's profile\" href=\"https:\/\/community.secondlife.com\/profile\/1083486-linden-lab\/\" data-ipshover=\"\" data-ipshover-target=\"https:\/\/community.secondlife.com\/profile\/1083486-linden-lab\/?do=hovercard\"> <img decoding=\"async\" loading=\"lazy\" class=\"alignnone\" src=\"https:\/\/content.invisioncic.com\/Mseclife\/monthly_2017_03\/sl.thumb.png.4eb06778755a522de5b67f257635cc57.png\" alt=\"Linden Lab\" width=\"90\" height=\"90\" \/> <\/a><\/p>\n<div>\n<p class=\"ipsType_light ipsType_reset ipsType_blendLinks\">Entry posted by Linden Lab \u00b7 <time title=\"02\/04\/2019 03:00 PM\" datetime=\"2019-02-04T20:00:15Z\" data-short=\"1 yr\">February 4, 2019<\/time><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<section class=\"ipsSpacer_top ipsSpacer_double ipsType_normal\">\n<div class=\"ipsType_richText ipsType_break ipsContained\">\n<div data-controller=\"core.front.core.lightboxedImages\">\n<p>Hello Residents!<\/p>\n<p dir=\"ltr\">As some of you located in the United States may know, it is tax season. Important documents go out to report sensitive information to the appropriate government agencies every year.<\/p>\n<p dir=\"ltr\">As a requirement to ensure that we are adhering to respective state laws for reporting taxes, some of you may be receiving a 1099-K form if you have reached a certain Linden $ sale transaction volume. This form collects information the IRS requires from US taxpayers. Please note that these are time sensitive documents that will need to be completed in order to meet these requirements.<\/p>\n<p dir=\"ltr\">If you are due to receive such a form, you will be receiving an email from \u201c<strong><a href=\"mailto:secondlife-support@lindenlab.com\" target=\"_blank\" rel=\"noopener noreferrer\">secondlife-support@lindenlab.com<\/a><\/strong>\u201d with more information on how to complete this process.<\/p>\n<p dir=\"ltr\">For more information on tax forms in relation to Second Life, please view our <strong><a href=\"http:\/\/wiki.secondlife.com\/wiki\/Linden_Lab_Official:Required_Tax_Documentation_FAQ\" target=\"_blank\" rel=\"external nofollow noopener noreferrer\">Wiki article here<\/a><\/strong>.<\/p>\n<p dir=\"ltr\">If you are from the state of Massachusetts, you may find more information regarding their most <strong><a href=\"https:\/\/www.mass.gov\/info-details\/massachusetts-reporting-requirements-for-third-party-settlement-organizations-form\" target=\"_blank\" rel=\"external nofollow noopener noreferrer\">recent updated tax reporting requirements here<\/a>.<\/strong><\/p>\n<p dir=\"ltr\">If you have any questions, please feel free to reach out to us at <strong><a href=\"https:\/\/support.secondlife.com\" target=\"_blank\" rel=\"external nofollow noopener noreferrer\">https:\/\/support.secondlife.com<\/a><\/strong>. Thank you for your patience and attention to this matter.<\/p>\n<p dir=\"ltr\">&#8211; Linden Lab<\/p>\n<\/div>\n<\/div>\n<\/section>\n<p><em>Indie comic artist and illustrator Danielle &#8220;Nylon&#8221; Feigenbaum documents dubious adventures in SL, VRChat, and online worlds beyond for New World Notes. Her work has also been featured in Old Pal and the book Blocked: Stories from the World of Online Dating.<br \/>\n<\/em><\/p>\n<\/div>\n<div id=\"signature\">Have a great week from all of us at ZI And FI<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Virtual Currency Transactions, Real Tax Compliance: Inspired by a True Story &nbsp; Inspired this actual announcement and this actual message sent by Linden Lab: Tax-Related Documents from Linden Lab Sign in to follow this\u00a0\u00a0 Entry posted by Linden Lab \u00b7 February 4, 2019 Hello Residents! As some of you located in the United States may &hellip; <a href=\"https:\/\/zoha-islands.com\/blog\/virtual-currency-transactions-real-tax-compliance-inspired-by-a-true-story\/\" class=\"more-link\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":5740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,3,4,5,6],"tags":[],"_links":{"self":[{"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/posts\/5726"}],"collection":[{"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/comments?post=5726"}],"version-history":[{"count":0,"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/posts\/5726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/media\/5740"}],"wp:attachment":[{"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/media?parent=5726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/categories?post=5726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zoha-islands.com\/blog\/wp-json\/wp\/v2\/tags?post=5726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}