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Francis Hadlocon @fns_francis on x 5576 followers
Created: 2025-07-16 21:38:55 UTC
No Broker Reporting Does Not Mean No Crypto Taxes
A dangerous lie is going around: "No taxes on crypto—broker rules were thrown out!"
Let me make that clear.
Yes, the Treasury got rid of the requirement for brokers to report. No, that doesn't mean you're free of responsibility.
You still have to pay taxes on your gains. You still need to fill out Form 8949 and Schedule D. You still have to keep track of all your trades.
This is the new reality:
📌 You are now the broker. 📌 AI will help, but it won't keep you from an audit. 📌 Not knowing isn't protection; it's exposure.
Smart people are using AI tools to get ahead. People who aren't ready are getting lies.
The question is, are you prepared to file successfully or face challenges?
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Related Topics tax bracket coins ai crypto taxes