IRS extends relief for crypto brokers
The Internal Revenue Service issued a notice Wednesday extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency.
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Notice 2026-20 extends the temporary relief provided last January under Notice 2025-7 for an additional year. The notice allows eligible taxpayers to use certain alternative methods for making an adequate identification with respect to units of a digital asset held in the custody of a broker that are sold,