The report a trade or business must file when it receives more than $10,000 in cash in one transaction or related transactions. A 2021 law extended it to digital assets, but the IRS has said businesses need not report crypto under it until regulations are issued.
Businesses accepting crypto payments have asked for years whether a $10,000 customer payment triggers Form 8300 and its 15-day deadline. As of 2026 the answer is not yet, per IRS Announcement 2024-4, but the statute is on the books and the rule can switch on with regulations.
No. IRS Announcement 2024-4 states digital assets are not treated as cash for Form 8300 until Treasury issues regulations. Watch for that change.
Source: IRC 6050I; IRS Announcement 2024-4
Last reviewed September 17, 2026. Tax rules change; confirm current law before acting.
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