The American Internal Revenue Service (IRS) provided an updated draft of their tax form and seek feedback from the industry. The draft tax form will be used by investors and brokers to report transactions starting in 2026. The old tax form was too invasive and raised privacy concerns as it asked for wallet addresses and transactions IDs.

So, this new one will is simple and effective and the agency want tye industry feedback on the draft and what could be changed or added to help tax better citizens who HODL and deal with crypto assets in uncle Sam lands. Despite the tax form starts to be used only in 2026 it helps to measure the level of interest of the IRS in taxing Americans that have crypto.

If the IRS is starting to take serious approach in crypto and taking measures to tax it properly, it means they are going to adhere the crypto politics that may be active part of the upcoming US government and for not being left behind, are already making their steps to take their piece of the cake. Remember:

CONTENT IS KING!