; reversal of certain additions to 6050I (A) In general Section 6050I(d) of such Code is amended— (i) in paragraph (1), by adding and at the end, (ii) in paragraph (2), by striking , and and inserting a period, and (iii) by striking paragraph (3). (B) Delayed effective date Section 80603(c) of the Infrastructure Investment and Jobs Act is amended by striking December 31, 2023 and inserting December 31, 2025 . (4) Effective dates (A) The amendments made by paragraphs (1) and (2) shall apply to returns required to be filed and statements required to be furnished after December 31, 2025. (B) The amendments made by paragraph (3) shall take effect as if included in the enactment of section 80603 of the Infrastructure Investment and Jobs Act. 803. Sources of income (a) In general Paragraph (2) of section 864(b) of the Internal Revenue Code of 1986 is amended by redesignating subparagraph (C) as subparagraph (D) and by inserting after subparagraph (B) the following new subparagraph: (C) Crypto assets (i) In general Trading in crypto assets through a resident broker, commission agent, custodian, crypto asset exchange, or other independent agent. (ii) Trading for taxpayer’s own account Trading in crypto assets for the taxpayer’s own account, whether by the taxpayer or the taxpayer’s employees or through a resident broker, commission agent, custodian, crypto asset exchange, or other agent, and whether or not any such employee or agent has discretionary authority to make decisions in effecting the transactions. This clause shall not apply in the case of a dealer in crypto assets. (iii) Definitions For purposes of this subparagraph— (I) Crypto asset exchange The term crypto asset exchange means a centralized or decentralized platform which facilitates the transfer of crypto assets. (II) Crypto asset The term crypto asset has the meaning given such term in section 9801 of title 31, United States Code. (iv) Limitation This subparagraph shall apply only if the crypto assets are of a kind customarily dealt in on a crypto asset