Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
Crypto brokers like Coinbase send IRS form 1099-DA to crypto users.
A new tax form related to digital assets is set to change how millions of crypto investors file their taxes and failing to understand it could mean paying more than necessary. Beginning with crypto ...
Proposed regulations aim to making it simpler for digital asset and crypto brokers to provide the Form 1099-A electronically, instead of sending paper copies.
Tracking your portfolio growth, is important but knowing when your gains become taxable is just as critical. There is a key ...
Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.
The IRS’s 1099-DA tax form for reporting digital asset gains comes with a burden of over-reporting, Coinbase's tax experts ...
The proposed regulations would shift digital-asset reporting toward electronic-only delivery by loosening consent requirements for brokers.
The IRS explained the policy direction in the filing, stating: “These proposed regulations would generally not require brokers to furnish the 1099-DA ...
'You could do it the right way and not have the possibility of things blowing up in your face' It's a touchy time for crypto investors. Headaches from the IRS will not help. Cryptocurrency exchanges ...