Reporting Requirements For Cryptocurrencies And NFTs Begin In 2023

Planning on acquiring, digital assets, here is what to expect before the end of 2022?

Crypto Exchange, will collect a Form W-9 from you (seeking your taxpayer identification number) transactions subject to the reporting will include not only selling cryptocurrencies for fiat currencies (like U.S. dollars), but also exchanging cryptocurrencies for other cryptocurrencies, Form 8300 reporting of cash transactions will presumably follow the same effective dates.