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Rev. Proc. 2024-28

SECTION 1. PURPOSE

Internal Revenue Bulletin 2024-31 · 2026-10-03 edition · updated 2026-10-04 · United States

This revenue procedure provides a safe harbor under § 1012(c)(1) of the Internal Revenue Code (Code) 1 on which taxpayers may rely to allocate unused basis of digital assets to digital assets held within each wallet or account of the taxpayer as of January 1, 2025.

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▸Contents — Internal Revenue Bulletin 2024-31
Internal Revenue Bulletin 2024-31

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