The Taxman and the "Clean 16"
Published on: 10/04/2026
The "Clean 16" ruling cleared the regulatory air, Crypto Codger warns that the IRS still treats these commodities as taxable "property." He explains that every token-to-token swap or small purchase triggers a capital gains event, now tracked via the daunting Form 1099-DA. While the proposed Virtual Currency Tax Fairness Act offers hope with a $200 de minimis exemption, current rules require complex wallet-by-wallet accounting.
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