New IRS Form 1099-DA Coming in 2026 for Crypto and NFT Traders！

IRS Form 1099-DA is a new tax form to be used by brokerage companies to report clients’ digital asset transactions, such as cryptocurrency and nonfungible token trades. The form is currently scheduled to be issued in early 2026, in time for the 2025 filing season. If you bought or traded digital assets in 2025, you should receive a 1099-DA by Feb. 16, 2026. The tax form will report your gross proceeds, the dates of trades and any tax withheld. But it might not report your cost basis (generally the value of your original purchase) because brokerages aren’t required to report it until the 2026 tax season. So be sure to keep good trading records. Contact us for help calculating your cost basis.