The Clinton Donnelly Show

1099-DA: IRS Will Track Your Crypto in 2025 β€” But You Won’t Get the Form Until 2026 😳


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πŸ“’ Big IRS Change for Crypto Traders: 1099-DA Starts in 2026 (for 2025 Taxes)If you’re trading crypto in 2025, listen up. The IRS is launching a new formβ€”Form 1099-DAβ€”and it could seriously mess with how your trades are reported. Whether you’re flipping coins, DCA’ing into ETH, or holding strong since the Mt. Gox days… this new rule affects you.Here’s the problem:🧾 The IRS will start getting your total proceeds, not your profit.πŸ’Έ You sell $10K fifty times? That’s $500K+ reported... without cost basis.⚠️ This could make it look like you made huge gains when you didn’t.πŸ“… Forms 1099-DA start showing up in January 2026!πŸ’¬ Connect with Us:Have questions about explorers or crypto taxes? πŸ‘‰ https://www.cryptotaxaudit.com?afmc=ytπŸ“ž Need Help?Schedule a consultation today πŸ‘‰ https://www.cryptotaxaudit.com/crypto-tax-consultation?afmc=yt


β–¬β–¬β–¬β–¬β–¬ SPONSOR β–¬β–¬β–¬β–¬β–¬πŸ‹ Sponsor: CryptoTaxAuditCryptoTaxAudit is the ultimate solution for ensuring your crypto taxes are precise and fully compliant with the latest regulations. With expert guidance and support, you can avoid costly penalties and enjoy complete peace of mind. Don't take any chances with your hard-earned assets. Become an IRS Guard Dog member today and take control of your financial future! Visit CryptoTaxAudit.com today. Visit πŸ‘‰ https://www.cryptotaxaudit.com/?afmc=ytβ–¬β–¬β–¬β–¬β–¬ NOTICE β–¬β–¬β–¬β–¬β–¬βš οΈ π—•π—˜π—ͺ𝗔π—₯π—˜ 𝗒𝗙 π—¦π—–π—”π— π— π—˜π—₯𝗦 π—œπ—‘ 𝗒𝗨π—₯ π—–π—’π— π— π—˜π—‘π—§π—¦ 𝗔𝗑𝗗 π—–π—’π— π— π—¨π—‘π—œπ—§π—¬ π—–π—›π—”π—‘π—‘π—˜π—Ÿπ—¦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.πŸ“œ DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.

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The Clinton Donnelly ShowBy Clinton Donnelly