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Policy

Kraken Submits 56 Million Cryptocurrency Tax Forms for 2025, with Many Valued Below $1

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Crypto Tax Forms for 2025, with Many Below $1 Threshold

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Crypto Tax Forms for 2025, Highlighting Reporting Burden

Kraken, a cryptocurrency exchange, has filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year, with approximately 18.5 million of these forms covering transactions valued at less than $1 and over half for $10 or less. According to the company, only 8.5% of the newly introduced Form 1099-DAs exceeded the $600 threshold, which triggers reporting…

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Cryptocurrency Tax Forms for 2025, Highlighting Reporting Burden

Kraken, a cryptocurrency exchange, has filed 56 million forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year, with approximately 18.5 million of these forms covering transactions valued at less than $1. Over half of the forms were for transactions worth $10 or less. According to Kraken, only 8.5% of the new Form 1099-DAs exceeded the $600 threshold, which triggers reporting fo…

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Crypto Tax Forms for 2025, Highlighting Reporting Challenges

Kraken, a leading crypto exchange, has filed 56 million crypto-transaction forms with the US Internal Revenue Service (IRS) for the 2025 tax year, with approximately 18.5 million of these forms covering transactions valued at less than $1. Over half of the forms were for transactions worth $10 or less. The company notes that only 8.5% of the newly introduced Form 1099-DAs exceeded the $600 thresh…

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Crypto Tax Forms for 2025, Highlights Reporting Burden

Kraken, a cryptocurrency exchange, has filed 56 million crypto transaction forms with the US Internal Revenue Service (IRS) for the 2025 tax year. Approximately 18.5 million of these forms were for transactions valued at less than $1, with over half being for $10 or less. The company notes that only 8.5% of the new Form 1099-DAs exceeded the $600 threshold, which triggers reporting for non-employ…

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Crypto Tax Forms for 2025, Highlighting Reporting Burden

Kraken, a cryptocurrency exchange, has filed 56 million forms with the US Internal Revenue Service (IRS) for the 2025 tax year, with approximately 18.5 million of these forms covering transactions valued at less than $1. Over half of the forms were for transactions worth $10 or less. The company noted that only 8.5% of the newly introduced Form 1099-DAs exceeded the $600 threshold, which triggers…

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Cryptocurrency Tax Forms for 2025, with Many Below $1 Threshold

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits Over 56 Million Crypto Tax Forms for 2025, with Many Under $1

April 22, 2026, 12:45 p.m.

Policy

Kraken Submits 56 Million Crypto Tax Forms for 2025, Highlights Reporting Burden

Kraken, a crypto exchange, has filed 56 million crypto transaction forms with the US Internal Revenue Service for the 2025 tax year, with approximately 18.5 million of these forms covering transactions valued at less than $1. Over half of the forms were for transactions worth $10 or less. The newly introduced Form 1099-DA, which accounts for 8.5% of the total forms, has a reporting threshold of $…

April 22, 2026, 12:45 p.m.