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Many crypto investors’ transactions this year will be reported to the IRS for first time

Bitcoin

CNN  —  In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns. But for anyone who buys and sells digital assets like bitcoin, it is worth knowing that 2025 will mark the first tax year that your crypto transactions will be subject to third-party reporting requirements — meaning information on them will be sent to the IRS — if your transactions are conducted in a custodial account on a centralized crypto trading platform,

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Many crypto investors’ transactions this year will be reported to the IRS for first time https://edition.cnn.com - 17.01.2025 00:08
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