Form 1099-DA is a U.S. tax form used to report digital asset transactions (like cryptocurrency). Starting with transactions in 2025 (reported in early 2026)
Who Receives a 1099-DA?
You may receive a 1099-DA if you:
Sold cryptocurrency for U.S. dollars
Traded one digital asset for another
Used crypto to pay for goods or services
Had digital assets disposed of through a broker
What Information Is Reported?
Form 1099-DA generally includes:
Your name and taxpayer identification number
Description of the digital asset (e.g., BTC, ETH)
Date acquired (if known)
Date sold or disposed
Gross proceeds (what you received)
Cost basis (what you originally paid, if tracked)
Gain or loss (in some cases)
This helps determine your capital gain or capital loss.
What You Should Do If You Receive One
Compare it with your own transaction records
Verify cost basis and dates
Report gains/losses on Schedule D and Form 8949
Consult a tax professional if unsure
Even if you don’t receive a 1099-DA, you are still required to report taxable crypto activity.
Where do I find my form?
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