Starting in 2025, crypto exchanges will report your transactions to the IRS using the new Form 1099-DA, similar to how stock ...
Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...
The IRS introduces Form 1099-DA for the 2025 tax season, targeting cryptocurrency transactions. This move aims to regulate ...
The U.S. Internal Revenue Service (IRS) has unveiled an updated draft of the 1099-DA tax form, which crypto brokers and investors will use to report certain transactions. The revised version, set to ...
Bitcoin resting on a calculator beside IRS Form 1040, symbolizing cryptocurrency trading and individual income tax obligations. Concept: it’s time to pay taxes on crypto transactions. Tax season is in ...
House members have asked Treasury Secretary Scott Bessent to overhaul an IRS staking rewards rule before 2026 rolls around.
The House of Representatives has voted to repeal a Biden-era rule focused on decentralized finance—or DeFi. The bill reverses the "DeFi Broker Rule" published by Treasury in December 2024. The rule ...
The new U.S. tax form for crypto investors' brokerage accounts is out, and it's been narrowed in significant ways from an earlier version. Crypto's 1099 form will "bring more ease and clarity" for ...