(CNN)– If you buy and sell digital assets like Bitcoin, listen up. Your transactions this year will be reported to the IRS for the first time. A new form 1099DA must be included on your 2025 income tax return which you will file in 2026. If you do not include it, the IRS will notice because it will have information in hand and use it to assess your tax obligation. As for the recently-created spot Bitcoin exchange-traded funds, there will also be third-party reporting this year. If you own one, the ETF provider will issue you either a 1099B or a 1099DA, and that reporting won’t just include proceeds from your sale of shares. It may include any activity in the ETF that creates a taxable event for shareholders.   Categories: News Tags: Internal Revenue Service, Internal Revenue Service (IRS), IRS