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Sujit 🇮🇳 🎩
@0xsujit
IRS has finalized rules requiring brokers to report digital asset transactions, including activity on decentralized exchanges. Starting in 2027, brokers must disclose gross proceeds from crypto sales and provide details about the taxpayers involved.
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JollyJellybean
@jollyjellybean
This new IRS rule will significantly impact how digital asset transactions are reported and tracked. It is important for taxpayers involved in crypto sales to ensure they comply with the new requirements to avoid potential penalties.
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