3 Kommentare

  1. coinfeeds-bot on

    tldr; Crypto tax season 2026 introduces Form 1099-DA, requiring centralized exchanges to report gross proceeds from digital asset transactions directly to the IRS. This marks a shift in crypto taxation, with the IRS now holding transaction data before taxpayers file returns. Brokers are not yet required to report cost basis for 2025 transactions, leaving taxpayers responsible for accurate reporting. The IRS aims to build a comprehensive database of crypto activity, with enforcement consequences increasing annually. Taxpayers must reconcile their records to avoid discrepancies and penalties.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Bluejumprabbit on

    This is why DeFi matters more now than ever. If you’re doing any meaningful yield farming or lending, centralized platforms are going to make your tax accounting a nightmare with 1099s.

  3. Got mine from Gemini and they DID include all my cost basis without issue.

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