Tagged: irs
2 posts
Politics1099-DA Was Supposed to Crash Bitcoin on April 15. It Didn't. Here's What Actually Happened.
Four days after America's first automated Bitcoin tax day, the selloff that everyone priced in never showed up. The sell pressure came earlier, the ETFs kept absorbing, and the real 1099-DA shock is months away in the mailbox, not on the chart.
PoliticsForm 1099-DA Just Landed. Tomorrow Is the First Tax Day the IRS Cross-Checks Your Bitcoin.
April 15 is the first US filing deadline where Bitcoin holders are reconciled against records the IRS already received. Form 1099-DA went live for the 2025 tax year, and a quiet cost basis rule change has rewritten the math for anyone who held coins across more than one wallet. The grace period is over.