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A 2-Step System For Choosing A Digital Asset Reporting Path

By Keval Sonecha ( May 6, 2025, 1:34 PM EDT) -- Brokers have traditionally used Form 1099-B, "Proceeds from Broker and Barter Exchange Transactions," to report sales of securities and commodities on behalf of their clients. Following enactment of the Infrastructure Investment and Jobs Act of 2021, digital asset transactions were temporarily reported under Form 1099-B....

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