What is Nostr?
BitcoinLizard /
npub1k6f…tryn
2025-01-19 22:11:00
in reply to nevent1q…rfm7

BitcoinLizard on Nostr: The part where exchanges have to report your cost basis has been delayed for a year. ...

The part where exchanges have to report your cost basis has been delayed for a year. The per-wallet tracking for individuals is still required for tax year 2025. Ironically as I'm talking about the fact that I knew about the tax changes because of X, X also caused a ton of confusion thanks to clout chasing influencers who confused people by reporting that ALL changes were delayed. Here is a helpful writeup on the changes and what hasn't changed:
https://coinledger.io/blog/is-the-irs-delaying-crypto-tax-reporting-requirements-until-2026
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npub1k6f0ecam577lay8mm8azfvs3u4xvl23q82zpc3htee6ath09gg0s9ftryn