CoinGape
2024-04-20 06:27:58

IRS Shares Early Look at Crypto Reporting Form Set for 2025

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 purpose of this initiative The post IRS Shares Early Look at Crypto Reporting Form Set for 2025 appeared first on CoinGape .

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