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XRP holders warned of 118-day deadline for new IRS cost basis rules

Covered by 1 source · 1 article

⚡️ XRP holders must keep transaction records as IRS cost basis rules start in 118 days. 📅 Brokers will now report both proceeds and cost basis for covered $XRP sales. 💡 XRP held before 2026 or moved between platforms may need separate doc…

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XRP holders warned of 118-day deadline for new IRS cost basis rules
CoinTurk News 1h ago

XRP holders warned of 118-day deadline for new IRS cost basis rules

⚡️ XRP holders must keep transaction records as IRS cost basis rules start in 118 days. 📅 Brokers will now report both proceeds and cost basis for covered $XRP sales. 💡 XRP held before 2026 or moved between platforms may need separate doc…

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