My US LLC is foreign-owned — will the exchange send a Form 1099-DA on my crypto sales?
I am a nonresident founder with a single-member Wyoming LLC (disregarded, no corporate election). The LLC has an account at a large US custodial exchange and sold some BTC and ETH during 2025. Everyone keeps saying 2025 is the first Form 1099-DA year.
Does that mean my LLC's sales were reported to the IRS? Or does the fact that the owner is foreign change what the exchange has to file? I never paid much attention to the tax forms the exchange collected at onboarding, and now I am worried.
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