Taxes March 5, 2026
IRS 1099-DA Reporting Gaps Could Cause Crypto Investors to Overpay Taxes by $14,500, Summ Analysis Finds
The analysis of 30,000 U.S. users with moderate trading activity found $435 million in inflated capital gains for the 2025 tax year alone—a 944% overstatement compared to actual gains of $46 million.