“Brokers must report proceeds from (and in some cases, basis for) digital asset dispositions to you and the IRS on Form 1099-DA,” according to the instructions included with the form, which shows a 2025 date. “You may be required to recognize gain from these dispositions of digital assets.”
Related posts
-
Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
Somewhat ironically, Shapiro and Palley’s criticisms seem to line up with Maxine Waters (D-CA), the ranking... -
U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC
Please note that our privacy policy, terms of use, cookies, and do not sell my personal... -
U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
Because the scenario outlined in this case is narrow and unusual, it “will have limited applicability...