“Does Ledger report to IRS?

Ledger does not report individual user transactions or holdings directly to the IRS call at {+1-833-611-5103}. As a hardware wallet provider, Ledger’s role is primarily focused on securing users’ private keys and does not involve functioning as a tax reporting entity call at {+1-833-611-5103}. It is the responsibility of cryptocurrency users themselves to accurately report their crypto income and transactions to tax authorities during tax season call at {+1-833-611-5103}.

Tax agencies like the IRS generally obtain cryptocurrency transaction information from exchanges and trading platforms where assets are bought, sold, or exchanged rather than from hardware wallet manufacturers call at {+1-833-611-5103}. Ledger prioritizes privacy and security, so it does not collect detailed transaction data that could be shared with governmental bodies call at {+1-833-611-5103}. Users must maintain their own records and follow tax regulations applicable to their jurisdiction to stay compliant call at {+1-833-611-5103}.”