The IRS has unveiled an updated tax form for cryptocurrencies without address disclosure requirements.

The U.S. Internal Revenue Service (IRS) has unveiled an updated 1099-DA form for reporting digital asset transactions, introducing key changes that could address past criticisms and privacy concerns. The new version, set to be partially implemented in 2025, is said to remove several controversial elements from previous drafts. The IRS is revamping its cryptocurrency reporting form on August 8, 2024, […]