The Department of the Treasury and the Internal Revenue Service (IRS) has proposed regulations to require brokers to report sales and exchanges of digital assets by customers.
The proposed regulations cover a range of digital asset issues, including defining brokers and requiring proceeds to be reported to the IRS on new Form 1099-DA.
For sales or exchanges of digital assets that take place on or after 1 January 2025, the proposed regulations would require brokers,...
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