Damus
tanel · 15w
what about it?
nout · 15w
It's like 1099-B...
Yes Bitcoin Haiti · 15w
It's a form that exchanges send you and irs to declare what you sold and when, and it's on you to report your cost basis and holding period, since they don't necessarily know which lots you sold or what you paid.
KrP · 15w
Yeah, not excited for tax season
code monkey · 15w
It's just a 1099 for crypto exchanges. So if you've ever filed a 1099 with a brokerage, it's basically the same. Most tax software will do it automatically. The only issue is if you sold out of self custody via an exchange that did not have your cost basis information, then the 1099-DA could be wro...