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Blockchain advocacy group raises privacy concerns over IRS crypto tax form

June 22, 2024 by DIGIT

The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting. Go to Source

Categories Blockchain Industry, broker compliance, crypto reporting, Digital Assets, Digital Chamber of Commerce, IRS feedback, IRS Form 1099-DA, NFT tax rates, taxpayer privacy


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$87,507.00-0.33%
  • ethereumEthereum(ETH)$2,928.24-0.62%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$835.37-0.62%
  • rippleXRP(XRP)$1.85-0.82%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$122.25-0.73%
  • tronTRON(TRX)$0.2786760.02%
  • staked-etherLido Staked Ether(STETH)$2,928.73-0.58%
  • dogecoinDogecoin(DOGE)$0.121925-3.99%
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  • bitcoinBitcoin(BTC)$87,507.00-0.33%
  • ethereumEthereum(ETH)$2,928.24-0.62%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$835.37-0.62%
  • rippleXRP(XRP)$1.85-0.82%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$122.25-0.73%
  • tronTRON(TRX)$0.2786760.02%
  • staked-etherLido Staked Ether(STETH)$2,928.73-0.58%
  • dogecoinDogecoin(DOGE)$0.121925-3.99%