bitcoin

IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’



IRS Issues Draft Tax Form for Digital Assets — Expert Raises 'Major Privacy and Security Concerns'The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions to the IRS. A crypto tax expert has highlighted that the collection of certain data points, such as wallet addresses, […]



READ SOURCE

Readers Also Like:  Edgecoin (EDGT) Rises 0.01%, Underperforms the Crypto Market Saturday - InvestorsObserver

This website uses cookies. By continuing to use this site, you accept our use of cookies.