Better get your big trades in before the end of 2024. The IRS will be automatically receiving your trades directly from exchanges like Coinbase/Kraken/Binance etc, starting 2025 (i e. the April 2026 tax deadline) just like how regular stock brokers report your trades to the IRS.
Note that currently, US exchanges only report crypto staking/dividend/interest income of its users to the IRS, and not the capital gains you generate via trades (relying instead solely on self-reporting). That all changes in 2025.
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