Crypto Tax Audits Incoming? IRS Letters Signal Start of 1099-DA Enforcement

2025-06-26 03:56:48

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Story Highlights* IRS sends warning letters to crypto investors ahead of 1099-DA rollout, urging accurate tax filings to avoid penalties.

Starting 2026, all brokered crypto trades from 2025 will be reported to IRS via Form 1099-DA, raising audit and compliance risks.

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