Form 1099-DA
The US form on which brokers such as exchanges report your digital asset sales to you and to the tax authority.
Form 1099-DA in more detail
From 2025, US brokers such as exchanges report your sales to you and to the IRS on Form 1099-DA.
Proceeds first, basis later. Brokers report what you received for sales from 1 January 2025. They must report cost basis only for certain transactions from 1 January 2026.
Older and transferred coins are not covered. Brokers need not report basis for crypto you acquired before 2026, or for crypto you moved in from somewhere else.
All 128 terms · Checked against the lesson's sources on 10 October 2026.
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