Yes, that appears to be the case. FIFO on hold for one more year.
https://finance.yahoo.com/news/irs-delays-implementation-crypto-cost-173100985.html
https://www.irs.gov/pub/irs-drop/n-25-07.pdf
TEMPORARY RELIEF UNDER SECTION 1.1012-1(j)(3)(ii)
So the rule got delayed 1 year?
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub10atn74wcwh8gahzj3m0cy22fl54tn7wxtkg55spz2e3mpf5hhcrs4602w3 nostr:npub1drlw0wmu9tq37usx4qt3u6u4zj44mrf3zsfa6xhcdyrh3n4wpmgqr4rfg0
Yes, that appears to be the case. FIFO on hold for one more year.
https://finance.yahoo.com/news/irs-delays-implementation-crypto-cost-173100985.html
Thanks for the reply and my first zap!! ⚡️ Followed 🤝