IRS Form 1099-DA (Tax Year 2026)
Digital Asset Proceeds From Broker Transactions
IRS Form 1099-DA is used to report digital asset transactions – such as cryptocurrency sales, exchanges, or transfers – providing the IRS and taxpayers with details on proceeds, cost basis, and gains or losses.
Pricing
- We keep pricing simple.
Small to Mid-Size Filers
- (Up to 5,000 recipients)
$249
- per submission*
- $249 per submission (includes up to 100 recipients)
- $0.28 per additional recipient (101–5,000)
- Unlimited payers included
Enterprise / Custom
- More than 10 submissions, OR
- Any submission exceeding 5,000 recipients
- Custom pricing available upon request
- * A submission is a single file with unlimited payers of one form type (i.e. 1099-NEC or 1099-MISC).
Get Started Securely
- We make filing safe and hassle-free.
- No TCC. No ID.me. No IRS Setup
- We use our credentials to transmit to the IRS on your behalf.
- IRIS A2A Transmission
- Direct, secure transmission to the IRS through the IRIS A2A channel – fully automated, no human access.
- Fast Turnaround
- Tailored to your data volume for quick processing.
- SOC 2 Compliance
- Our portal is SOC 2 compliant and built for secure data handling.
- How IRIS Works
Upload Your File
Upload your Excel or CSV file securely.
We Validate & Format
We format and validate your data to IRS standards.
Review & Approve
We generate IRS-ready PDFs for your approval.
Filed Directly to IRS
Your forms are e-filed securely using IRIS.
No manual processing. Fully automated IRIS submission.
Frequently Asked Questions (FAQs)
What is IRS Form 1099-DA?IRS Form 1099-DA (Digital Asset Reporting) is used to report cryptocurrency and digital asset transactions, including sales, exchanges, and transfers. It helps ensure accurate tax reporting for digital assets.
Financial institutions and trading platforms (like crypto exchanges) are responsible for issuing Form 1099-DA to both taxpayers and the IRS.
Paper filing is only allowed if you file fewer than 10 total returns. The IRS requires electronic filing if you submit 10 or more information returns of any type.
Not if you use our outsourcing service. We handle all IRS transmission requirements for you.
Yes. We support:
• Original filings
• Corrections
• Prior-year returns
Outsourcing reduces administrative work, ensures compliance, and allows your team to focus on core operations.
Yes. We handle large-volume filings, multiple payers, and bulk TIN matching.
With 1099FIRE, you can outsource the entire filing process—whether it’s originals, corrections, or prior-year returns. We handle electronic submissions to the IRS through the Combined Federal/State Filing (CF/SF) program and to any specific states.
Assigned Representative
Every client is paired with a dedicated representative who has at least 15 years of tax filing experience, ensuring personalized and knowledgeable support.
Reduced Administrative Burden
By outsourcing tax-related tasks, your team can focus on core business operations instead of filing logistics.
No TCC or ID.me Required
Our outsourcing service eliminates the need for Transmitter Control Codes (TCC) or IRS ID.me accounts, avoiding a lengthy and cumbersome setup process.
High-Volume & Complex Filing Support
We are equipped to manage large-volume filings, multiple payers, bulk TIN matching, and state submissions—all transmitted securely through the CF/SF program.
Custom Quotes for Your Needs
Every business has unique requirements. A one-size-fits-all price simply doesn’t work. Call us at (480) 706-6474 for a tailored quote designed around your filing needs.
The IRS now requires electronic filing for 10 or more information returns, effective for filings starting with tax year 2023.
Key Details
If you filed a TCC application before September 26, 2021, you must reapply and verify your identity through ID.me.
Paper filing is only allowed if you have 10 or fewer total returns to file.
If you have more than 10 returns of any one type (Forms 1099, W-2, 1098, etc.), you must e-file instead of paper file.
More companies are turning to third-party e-file providers to meet these new requirements.
Get Help Filing
Don’t let the new rules slow you down. Contact 1099FIRE at (480) 706-6474 to learn about secure outsourcing and e-filing solutions.
Our software and outsourcing services can handle all filing needs:
Original Filings – Submit brand-new information returns with ease.
Corrections – Quickly fix and resubmit forms that contain errors.
Prior Years – File late or amended returns for previous tax years.
Whether you’re submitting current forms, making corrections, or catching up on past obligations, we ensure your filings are accurate and compliant.
IRS Form 1099-DA, or “Digital Asset Reporting,” is designed to report transactions involving digital assets such as cryptocurrencies, tokens, and non-fungible tokens (NFTs). This form is part of the IRS’s efforts to enhance transparency and compliance in the rapidly evolving digital asset landscape.
Who Sends It
Financial institutions and platforms that facilitate the trading or sale of digital assets, such as Coinbase, Kraken, or Gemini, will issue Form 1099-DA. These entities are responsible for collecting the necessary transaction details and providing the form to the taxpayer and the IRS.
Who Receives It
Individuals or entities that engage in buying, selling, or trading digital assets through these platforms will receive Form 1099-DA. The form outlines key transaction details, including dates, proceeds from sales, and other relevant information needed for accurate tax reporting.
Purpose and Importance
Form 1099-DA aims to simplify tax reporting for digital asset transactions. By providing detailed transaction information, it helps taxpayers accurately report their gains or losses, making compliance with IRS regulations easier.
What is the release date for IRS Form 1099-DA?
