The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19.
The U.S. Internal Revenue Service has been grappling with crypto tax reporting for years, and they may have a ways to go still.
The IRS released an early draft of a tax form for brokers and exchanges to report certain sales of digital assets on Thursday.
The U.S. Internal Revenue Service (IRS) has unveiled an early draft of a new tax form designated for reporting cryptocurrency transactions. The draft form, 1099-DA, is the latest step of the IRS's endeavors to consolidate the reporting measures with respect of digital assets as part of the federal tax code.
The U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax form might look like when it finishes its much-debated rule on how cryptocurrency transactions should be reported to the federal government.
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