[PayPal: Will send relevant tax forms to users by February 15 to comply with IRS regulations] Odaily Planet Daily News – PayPal officially announced that it will provide free self-service tax filing services for its debit card users, including free federal and state tax filing services for U.S. PayPal Debit Mastercard users for the 2025 tax year. Additionally, according to information on PayPal's official website, cryptocurrency held on its platform is subject to taxation. Starting from the 2025 tax year, the U.S. Internal Revenue Service (IRS) requires U.S. digital asset brokers like PayPal to report gains from the disposal of digital assets on Form 1099-DA. If users engage in activities such as selling or exchanging cryptocurrency within their PayPal wallet during the applicable tax year, PayPal will send the IRS Form 1099-DA to users by February 15.