Brokerages and exchanges are now required to report their customers’ crypto transaction details to the IRS. Keeping track of ...

If crypto were a celebrity, you could describe its journey as a surprising rise from obscurity to cult classic to mainstream ...

For the last-minute filers, don't forget that the IRS needs you to report digital asset transactions like Bitcoin, crypto and ...

Crypto tax mistakes can lead to audits and penalties. Learn the 3 most common crypto tax errors investors make and how to ...

The deadline to file 2024 crypto taxes is April 15, 2025, unless individuals request an official extension. Not all crypto actions create a tax event; holding or transferring assets between ...

As the April tax ... cost basis of new digital asset acquisitions, gross proceeds, and adjusted costs basis reporting in the following years.” While the 1099-DA will bring more transparency ...

That said, investors should not assume that they will receive a pass for 2024, as many crypto ... DA gets reported to the IRS using a standardized format, which includes cost basis, acquisition ...

As tax season nears its end, here's what to know about reporting report crypto such as Bitcoin to the ... the agency treats digital assets as property, not currency. All taxpayers must answer ...