The proposed regulations would shift digital-asset reporting toward electronic-only delivery by loosening consent requirements for brokers.
The IRS explained the policy direction in the filing, stating: “These proposed regulations would generally not require brokers to furnish the 1099-DA ...
IRS proposes digital-only Form 1099-DA delivery, expanding crypto tax reporting requirements & increasing oversight of ...
Proposed regulations aim to making it simpler for digital asset and crypto brokers to provide the Form 1099-A electronically, instead of sending paper copies.
IRS proposes rule allowing crypto exchanges to deliver Form 1099 DA tax forms electronically and end paper statements for ...