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      U.S. 2025 tax year extended filing deadline is October 15; crypto traders need to verify reported information

      PANews reported on October 5, citing Crowdfund Insider, that the extended filing deadline for individual federal income tax returns for the U.S. 2025 tax year is October 15. The IRS states that this deadline applies to taxpayers who have already requested an extension and is not a new deadline specific to crypto assets; an extension only extends the time to file, not the time to pay. For 2025 digital asset transactions, the Form 1099-DA provided by brokers may not include the cost basis, and taxpayers still need to calculate their own gains or losses and report them as required.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud