How will Form 1099-DA impact decentralized exchanges? It’s still unclear how decentralized exchanges will adapt to Form 1099-DA requirements. Unlike traditional financial institutions, many DEXs are ...

Pool: Meaning, connection and survival Frank T. Pool May 5, 2025 Updated May 12, 2025 ...

Quantum superposition is a phenomenon in which a tiny particle can be in two states at the same time — but only if it is not being directly observed.

1099 tax forms for crypto When you go to do your taxes, you will notice that there are many 1099 forms for various activities. However, many will not apply to crypto. 1099 forms are divided based on ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements. A notable development is Montana's introduction of the Form 1099-DA mandate, ...

What taxpayers need to know, though, is that receiving the extra 1099-K paperwork does not mean you're always dealing with a taxable situation. Yes, it could get really tricky.

In other words, the 1099-DA form does not mean there’s a change in tax code. Nor does it mean you’re going to get away with tax-free gains from virtual assets in 2024.

What taxpayers need to know, though, is that receiving the extra 1099-K paperwork does not mean you're always dealing with a taxable situation. Yes, it could get really tricky.

If you own one of the recently created spot bitcoin exchange-traded funds, there will also be third-party reporting this year. The ETF provider will issue you either a 1099-B or a 1099-DA, Dean said.

What taxpayers need to know, though, is that receiving the extra 1099-K paperwork does not mean you're always dealing with a taxable situation. Yes, it could get really tricky.

Misleading Does Not Mean Incorrect A misleading 1099-R doesn’t mean that your IRA custodian made a mistake, provided they followed the IRS’ instructions for completing your 1099-R.