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…