# Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions
> **IRS** · Final regulations. · Published 2024-07-09 · Effective 2024-09-09 · 89 FR 56480
## Document
- **Document number:** 2024-14004
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 89 FR 56480
- **CFR reference:** 26 CFR 1
- **Publication date:** 2024-07-09
- **Effective date:** 2024-09-09
- **Treasury docket:** TD 10000
## Abstract

This document contains final regulations regarding information reporting and the determination of amount realized and basis for certain digital asset sales and exchanges. The final regulations require brokers to file information returns and furnish payee statements reporting gross proceeds and adjusted basis on dispositions of digital assets effected for customers in certain sale or exchange transactions. These final regulations also require real estate reporting persons to file information returns and furnish payee statements with respect to real estate purchasers who use digital assets to acquire real estate.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/07/09/2024-14004/gross-proceeds-and-basis-reporting-by-brokers-and-determination-of-amount-realized-and-basis-for)
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