<oembed><type>rich</type><version>1.0</version><author_name>EZ (npub1s0…euk63)</author_name><author_url>https://nostr.ae/npub1s07s0h5mwcenfnyagme8shp9trnv964lulgvdmppgenuhtk9p4rsueuk63</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>Bitcoin tax filing is becoming an even greater headache for the U.S. taxpayers in 2025, especially for the users of centralized exchanges:&#xA;&#xA;1. The &#34;universal method&#34; for calculating crypto gains and losses is being eliminated.&#xA;2. Reporting will now be done on a wallet-by-wallet or account-by-account basis.&#xA;3. Centralized exchanges will issue 1099-DA forms, similar to the 1099-B for traditional securities. These forms will most likely be incorrect.&#xA;&#xA;The safe harbor forces taxpayers to complete their 2024 Form 8949 gains and losses BEFORE the end of the year and BEFORE completing the safe harbor allocations. &#xA;&#xA;More on this here: https://www.cryptobullseye.zone/blog/anchor-your-crypto-ship-in-the-irs-safe-harbor&#xA;&#xA;https://www.youtube.com/watch?v=M1XPOFgjNPk</html></oembed>