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Draft of Form 1099-DA for reporting digital asset transactions released

Retrieved on: 2024-04-23 17:13:04

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Draft of Form 1099-DA for reporting digital asset transactions released. View article details on HISWAI: https://www.journalofaccountancy.com/news/2024/apr/draft-of-form-1099-da-for-reporting-digital-asset-transactions-released.html

Summary

The IRS's draft Form 1099-DA for reporting digital asset transactions by brokers reflects proposed regulation language. Miles Fuller of TaxBit notes this is not a policy shift but a step towards finalizing regulations on digital asset taxation.

Article found on: www.journalofaccountancy.com

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