1099-NEC deadline · Feb 1, 2027 Tax year 2026 brings a $2,000 reporting threshold, new tips and overtime boxes, and the end of FIRE. What changed for 2026 Free FIRE converter Collect a W‑9
IRS Form

Digital Asset Proceeds From Broker Transactions

File 1099-DA Online

E-file 1099-DA for digital asset sales and other dispositions handled for a customer during the 2026 tax year. TaxFormHero offers bulk import from Excel, secure IRS transmission, and a filing deadline of March 31, 2027. E-filing starts from $1.99 a form with no signup fee or ongoing subscription requirements.

E-File Now All Forms

  • 4.5/5

  • 52,000+

    Filers served

  • Authorized IRS e-file Provider

    Authorized e-file provider

  • $0

    Signup fee or subscription

  • 4 yrs

    Filings stored and downloadable

E-File Deadline
March 31, 2027
Reporting Threshold
Broker sales; de minimis for some assets
Who Files
Brokers reporting digital asset sales or other dispositions

What is Form 1099-DA?

Form 1099-DA is used by brokers to report proceeds from sales, exchanges, or other dispositions of digital assets such as cryptocurrencies, stablecoins, nonfungible tokens (NFTs), and tokenized assets.

The form reports gross proceeds for each digital asset transaction and, where the asset is a covered security, adjusted basis and related adjustments as well.

Gross proceeds are not taxable gain. The figure reported is the amount realized on the transaction before any account is taken of what the customer paid for the asset, and gain or loss depends on adjusted basis and the rest of the applicable tax rules. A customer who reads Box 1 as income will overstate it.

Who needs to file Form 1099-DA?

  • Brokers that effect reportable digital asset sales or exchanges for customers, which can include digital asset trading platforms, hosted wallet providers and processors of digital asset payments.
  • The test is functional rather than a matter of what a business calls itself. Being a digital asset service, a protocol or a wallet provider does not by itself make a business a broker; whether it effects sales for customers does. Apply the IRS definition to what the business actually does.
  • A separate Form 1099-DA is generally required for each reportable digital asset transaction effected for a customer account, with limited exceptions where an optional reporting method groups a customer's transactions onto one form.

What's New for Tax Year 2026

Mandatory reporting of gross proceeds applies to all reportable digital asset dispositions, with basis reporting required for digital assets that are covered securities and voluntary for those that are noncovered securities.

Covered and noncovered is the distinction that decides the basis question. A covered security is a digital asset for which the broker is required to report adjusted basis; a noncovered security is one for which it is not, although the gross proceeds from an otherwise reportable sale are still reported. Whether an asset is covered can turn on the transaction, the broker's role, the applicable effective dates and what information the broker actually holds. A transfer in is the common source of doubt: transferred assets can be noncovered, or carry incomplete basis, unless the receiving broker gets qualifying transfer-statement information or otherwise has enough to work from.

Form 1099-DA includes dedicated boxes for digital asset identifiers, number of units, proceeds, cost or other basis, market discount, and wash-sale loss disallowance, aligning digital asset reporting more closely with traditional securities reporting.

1099-DA Pricing

$1.99 per 1099-DA form No signup fee · No subscription · Volume pricing down to $0.45

Volume pricing — each band charged at its own rate

Volume band Charged at Price per form
First 150 forms 1–150 $1.99
Next 350 forms 151–500 $0.99
Next 500 forms 501–1,000 $0.60
Beyond 1,000 every form after $0.45

What 1,500 1099-DA forms actually costs

First 150 forms at $1.99 $298.50
Next 350 forms at $0.99 $346.50
Next 500 forms at $0.60 $300.00
Final 500 forms at $0.45 $225.00
Total — an average of $0.78 per form $1,170.00

Optional add-ons

State Filing $0.99 / form

Direct filing for 41+ states. CFSF states are always free.

Print & Mail $1.69 / form

USPS first-class recipient copies from a SOC 2 audited facility.

E-Delivery $0.19 / form

Encrypted PDF copies emailed to your recipients.

TIN Matching $0.49 / check

Validate name/TIN pairs before filing to avoid penalties.

Included at no extra cost

  • Direct IRS e-filing — no Form 1096 needed, it is a paper transmittal
  • Free recipient PDF copies to download and share
  • Bulk Excel/CSV import and built-in error validation
  • CFSF state filing for participating states
  • Secure storage of your filing data for 4 years

1099, 1098, W-2G, 5498 forms share this tier table. Volume tiers are counted per form type within a filing, so a large batch of 1099-DA reaches the cheapest band on its own.

Estimate Your Filing Cost

Frequently Asked Questions: Filing 1099-DA Online

Common questions about e-filing Form 1099-DA with TaxFormHero. Still stuck? Contact our support team or browse the full FAQ page.

Digital asset brokers — custodial trading platforms, processors of digital asset payments, and hosted wallet providers — file for sales and exchanges of digital assets they effect for a customer. Whether a business is a broker depends on what it does rather than what it is called, so not every digital asset service is one. There is no general dollar threshold, but the 2026 instructions do carry de minimis rules for particular assets: designated sales of qualifying stablecoins are reportable once a customer's aggregate gross proceeds pass $10,000, specified nonfungible tokens have a $600 de minimis, and a separate rule covers processors of digital asset payments.

Yes. It is the first information return built specifically for digital assets, phased in for brokers under the reporting regulations. Expect the IRS to match it against customer returns closely in its early years.

Like 1099-B, Form 1099-DA gets the later February 15 furnishing date rather than January 31. For tax year 2026 that falls on Presidents’ Day, moving it to February 16, 2027.

It depends whether the digital asset is a covered security. For a covered security the broker reports adjusted basis and related information; for a noncovered security it is not required to, though it may report basis voluntarily where that is allowed. Either way the gross proceeds from a reportable sale are still filed, and the customer remains responsible for working out and reporting the correct gain or loss.

A covered security is a digital asset for which the broker is required to report adjusted basis on Form 1099-DA; a noncovered security is one for which it is not. Which side an asset falls on can depend on the transaction, the broker's role, the applicable effective dates, and the information the broker holds. Assets transferred in from elsewhere are the usual difficulty: they can be noncovered, or have incomplete basis, unless the receiving broker receives qualifying transfer-statement information. Keep records of acquisition date, purchase price, fees and transfers — they are what settles basis when the broker cannot.

Recipient copies are due February 16, 2027. The IRS copy is due March 1, 2027 on paper and March 31, 2027 if you e-file. Because TaxFormHero files electronically you get the later IRS date, and we timestamp every submission so you have proof of filing.

If you file 10 or more information returns of any kind in the year, the IRS requires all of them to be filed electronically. That count is aggregated across every form type you file — ten 1099s and one W-2 puts you over the line. TaxFormHero is an IRS-authorized e-filing platform, so filing here satisfies the mandate.

$1.99 per form at the entry tier, dropping to $0.45 per form at volume, with no signup fee and no subscription. You only pay when you transmit. State filing, print & mail, e-delivery, and TIN matching are optional add-ons priced separately.

Yes. Open the form in your dashboard, tick Corrected, fix the figures, and transmit again — we submit it to the IRS as a correction and generate a fresh recipient copy. There is no separate charge for filing a correction to a form you originally filed with us.

The IRS charges a per-form penalty that increases the longer you wait, and it rises again if the failure is judged intentional. Penalties apply separately to the IRS copy and the recipient copy, so a single late form can be charged twice. Filing accurate returns and furnishing recipient statements by the applicable deadlines is what avoids both.

Deadline for Filing Form 1099-DA (Tax Year 2026)

Recipient copy February 16, 2027
Paper to IRS March 1, 2027
E-file to IRS March 31, 2027

Filing 10 or more information returns in aggregate means e-filing is required, so the e-file date is the one that applies to most filers.

Reviewed by Nazrul Huda, MSA, IRS PTIN Holder · last reviewed

File This Form

E-File 1099-DA Now View All Forms

Before You File

Make sure you have the recipient's correct legal name and TIN before filing. If you need to request taxpayer information, you can collect it securely through TaxFormHero.

W-9 collection software

Related Forms

Need Help?

Our support team can walk you through filing 1099-DA.

Contact Support