IRS 1099-DA Starts in 2026: How They’ll Track Your Crypto Wallets & Trades 🪙👀

2 months ago
137

The IRS is launching 1099-DA forms starting January 2026, and they’re about to change how Crypto is reported in the US. In this must-watch video, Clinton Donnelly breaks down what the 1099-DA is, how it exposes your wallet addresses, and why failing to act could land you on the IRS’s audit radar. Whether you’re a casual investor or a DeFi power user, you need to understand what’s coming.

What you'll learn:
What the IRS 1099-DA form includes (and what it leaves out):
- Why your wallet transfers are no longer private
- How centralized exchanges like Coinbase, Kraken, and Robinhood will report your activity
- What to do now to avoid CP2000 notices and IRS audits

⏱️ Timestamps:
00:00 – Intro: What Is the 1099-DA?
00:54 – Who Will Receive a 1099-DA Form
01:36 – What the IRS Will See From Your Wallet
02:25 – Why Transfers Are Now Traceable
03:12 – IRS Surveillance of Your Portfolio
04:00 – CP2000 Notices and IRS Mismatch Risk
05:04 – The IRS’s View on Wallet Privacy
06:00 – Cross-Exchange Transfers and Reporting
07:12 – How the 1099-DA Affects Miners & Validators
08:14 – Simple Investor vs. Complex Wallet Strategy
09:00 – Final Thoughts: Why You Must Prepare Now

Original Video by The Clinton Donnelly Show: Trusted Crypto Tax Help: https://www.youtube.com/watch?v=FPYpo4uDjPM

-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: [email protected]

Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT

Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑

It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏

₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j

₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5

₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC

Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV

Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS

Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773

Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e

VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b

Loading 1 comment...