Do they mean any balance more than $20,000 during the fiscal year, or is the total number of transactions for each account $20,000 during a fiscal year?
Fuck man, if all you have to do is read the OP to get the answer to your question. And it's not like the OP is very long or that there are many answers before what you wrote:
"...(IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions amounting to at least $20,000 annually during the years 2016 to 2020."
What data can they collect? I thought they were just collecting IP addresses?
And where do you get that from? Not from the OP, and not from the linked article either. It's just that if you don't do the most basic thing, read before you comment, you can't have a conversation with you.