Don’t Miss This New Crypto Tax Form Before You File Your Tax Return in 2026
Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This year, the IRS is introducing a new dedicated crypto tax form called 1099-DA for all “digital asset proceeds from broker transactions.”
Prior to tax year 2025, crypto transactions didn’t have their own designated form. Instead, fax filers were prompted to use Form 1099-B, which is generally used to report the sale of securities such as stocks and bonds. Starting in 2026 (for taxable income in 2025), you’ll need to use Form 1099-DA to report transactions involving crypto (or any digital asset).
The IRS says the main goal for creating this new crypto-specific form is to improve compliance and visibility in the digital asset ecosystem. Any crypto transactions…
