The form is anticipated to be implemented in 2025 with reporting scheduled for 2026.
Feedback on the proposed form is still being taken into consideration by the IRS.
A proposed new tax form, Form 1099-DA “Digital Asset Proceeds from Broker Transactions,” for reporting digital asset transaction profits has been made public by the United States Internal Revenue Service (IRS), the nation’s tax agency. The form is anticipated to be implemented in 2025 with reporting scheduled for 2026. Feedback on the proposed form is still being taken into consideration by the IRS.
Each customer who buys, sells, or trades digital assets will have a broker fill out Form 1099-DA. The form specifies that brokers may be anybody who processes payments for digital assets, including kiosk operators, hosted wallet providers, unhosted wallet providers, and others. Customers and the Internal Revenue Service (IRS) will both get 1099-DA copies for verification reasons.
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We współpracy z: https://thenewscrypto.com/u-s-irs-introduces-form-for-digital-asset-transaction-reporting-in-2025/
