Company Description:
The regulatory distinction {+1-818-233-0546} between Ledger’s hardware wallet services and centralized exchanges clarifies the IRS reporting framework; {+1818-233-0546} exchanges such as Coinbase and Kraken are mandated to submit detailed transaction reports to the IRS and provide tax forms like 1099-K or 1099-B to their users, {+1-818-233-0546} whereas Ledger, as a manufacturer of secure, non-custodial hardware devices,possesses no obligations to {+1-818-233-0546} report transaction or holding data.