IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

“Some of those boxes relate to economic activity such as kiosks or payment processors, while others are customer-relationship based such as hosted or unhosted wallet provider,” Miles Fuller, the head of government solutions at TaxBit, told CoinDesk. “I am curious how the IRS anticipates using this information and how certain brokers such as centralized exchanges or decentralized protocols that are covered under the current regulations may fit into these boxes.”

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