Beginning with 2025 activity, brokers will report crypto dispositions to taxpayers and the IRS.
But early 1099-DAs may only include gross proceeds, especially for noncovered assets.
Key reminders for tax pros:
→ Basis and acquisition data may be missing
→Off-platform activity (self-custody, DeFi, foreign exchanges) won’t appear
→ Full transaction reconciliation is still required before filing Form 8949

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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