NEW IRS 1099-DA FORM FOR CRYPTO TRANSACTIONS UNVEILED

The IRS has released a draft of the 1099-DA tax form for reporting crypto transactions, affecting 2025 tax filings.

Centralized exchanges like Coinbase will begin issuing these forms to users in 2026. The new form removes sensitive information fields, easing the burden on investors.

Future regulations will target decentralized brokers, streamlining compliance for crypto traders.

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