The Internal Revenue Service (IRS) has issued a revised draft form for US taxpayers to report their cryptocurrency transactions. The updated form no longer includes questions about the time of day a transaction occurred and the type of broker involved. This development comes as the IRS continues to crack down on tax evasion related to digital currencies. All US taxpayers who engage in cryptocurrency transactions are urged to carefully review and accurately report their activities on the new form. Failure to do so may result in penalties and legal consequences.