IRS Proposes Digital Delivery of Tax Forms by Crypto Exchanges

The U.S. Internal Revenue Service proposed an amendment to crypto tax regulations that would permit exchanges to deliver the 1099-DA form electronically. The move seeks to reduce paper processing costs and simplify compliance workflows for digital asset reporting. The measure is currently open for public comment before a final decision is made, reflecting the agency’s ongoing efforts to modernize tax administration for cryptocurrencies.

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