pull down to refresh

I got this from an email newletter I subscribe to (from BitcoinMentor.io)
IRS to Implement New Crypto Reporting Form in 2026
Starting in 2026, the IRS will issue Form 1099-DA to report Bitcoin and other digital asset transactions, requiring brokers like exchanges and wallet providers to send details on gross proceeds, cost basis, and transaction specifics to both taxpayers and the agency. This includes WALLET ADDRESSES. If you have not done so already, it’s time to learn about the privacy tools already available.
I hadn't heard anything about this.
Thoughts? Comments?
There's a number of exchanges where you can withdraw on Lightning. I wonder what they would consider an "address" in this case? The invoice?
reply
34 sats \ 1 reply \ @BeeRye 18 Jul
if you fill out the confession form, or interface with an entity that fills out the confession form on your behalf...🤷‍♂️
reply
What do you mean - like if you hire a tax prep firm?
reply
time to dca via mining
reply
Welp so much for privacy
reply
USA?
reply
reply
Looks like it’s time to stop using exchanges and wallet providers that report to the U.S. agencies.
reply
Seems not promising thing in the horizon
reply
estoy completamente de acuerdo con el mensaje
reply
estoy de acuerdo
🚩 This post might be more relevant and engaging in the ~Politics_And_Law territory.
es bastante interesante
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.