X @Coinbase 🛡️

The 2025 tax year marks a big shift in how the IRS views digital assets, with the new Form 1099-DA.And we believe some aspects of the new reporting rules go too far.For the first time, the IRS is requiring custodial brokers, like Coinbase, to report customer proceeds from crypto transactions with a new Form 1099-DA.For the 2025 tax year, it’s required to include:- Gross proceeds from all reportable sales or exchanges- Aggregated reporting for certain stablecoin transactions- Transactions including small-val ...