Bitcoin returned to an exchange after self-custody may leave cost-basis gaps on 2026 US tax forms
CryptoSlate reports that brokers may report sale proceeds while leaving acquisition costs blank, putting the recordkeeping burden back on investors.
TLDR
CryptoSlate reports that moving Bitcoin into self-custody and later returning it to an exchange can disrupt mandatory cost-basis reporting, even if ownership never changes. For 2026 US tax forms, brokers may report sale proceeds without the acquisition cost, leaving investors responsible for those records.
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