Form 1099-DA Guides: Read It, Fix It, File It
Twenty-five guides on Form 1099-DA: reading the statement, fixing missing cost basis, filing on Form 8949, taxing staking income, and answering IRS letters.
Form 1099-DA
Reads their own 1099-DA line by line, knows which parts the broker vouches for and which it does not, and knows what is missing from it
Who Sends Form 1099-DA, and When Should It Arrive?Check which crypto transactions may lead to Form 1099-DA, when brokers furnish it, and what to verify if a statement is late or missing this season.
How to Read Form 1099-DA Boxes and CodesUse an annotated Form 1099-DA example to identify proceeds, basis, and codes, then compare which fields can appear for 2025 and 2026 crypto sales.
Covered vs. Noncovered Crypto on Form 1099-DAFollow acquisition dates and wallet transfers to see when a broker may report basis on Form 1099-DA and why a blank basis field can be expected.
Form 1099-DA Reporting Thresholds and ExclusionsCompare stablecoin, NFT, and payment-processor thresholds with named reporting exclusions, and see why missing a form does not settle taxability.
No Form 1099-DA? Check Unreported Crypto ActivityMap self-custody, DEX, mining, and staking activity to possible information forms and the tax questions you still need to resolve without a 1099-DA.
Cost Basis & Reconciliation
Fixes a blank or wrong basis with documentation, chooses and applies a lot method, and files numbers that differ from the form without inviting a notice
Why Is My Cost Basis Blank or Zero on Form 1099-DA?See what a blank or zero cost basis row on Form 1099-DA may mean, how to check mixed rows, and which purchase records or issuer questions to pursue next.
How to Prove Crypto Cost Basis With Missing RecordsRebuild crypto cost basis from partial exchange, bank, and wallet records. Compare what each source proves and where an estimate still leaves uncertainty.
Wallet-by-Wallet Basis: Check Your 2024-28 AllocationReview your Rev. Proc. 2024-28 wallet allocation, its timing, and the records you kept. See what to verify before relying on a historic choice today.
FIFO, HIFO, and Specific Identification for Crypto LotsCompare FIFO with specific identification and HIFO for crypto lots. Check who selected the lot, when it was recorded, and what a broker default means.
Does Crypto Cost Basis Follow a Transfer Between Your Wallets?Moving crypto between your wallets? Save the purchase, lot, and transfer trail before you move it, then see how to trace a basis gap after an earlier transfer.
Filing Crypto Taxes
Fills in 8949 and Schedule D from their reconciled figures, knows which rate applies to each sale, and answers the 1040 question correctly
Form 1040 Digital Asset Question: When to Check YesUse a tax-year-specific action checklist to decide how to answer the Form 1040 digital asset question for holding, buying, transfers, rewards, and gifts.Tax year 2025
How to Report Crypto on Form 8949 and Schedule DMatch broker proceeds and your records, check the right Form 8949 category, and trace mixed transaction totals into Schedule D with an auditable worksheet.Tax year 2025
Crypto Capital Gains Tax Rates: Short Term vs. Long TermCompare short- and long-term crypto capital gains tax rates for two tax years by filing status, then check holding period and any additional investment tax.
Crypto Tax Deadlines and Estimated PaymentsSee filing, extension, and estimated-payment dates together, then use a worked gain scenario to check payment timing and possible underpayment exposure.
Does the Wash Sale Rule Apply to Crypto?Check wash sale rules for directly held crypto and fund shares, with a dated split between enacted law, proposals, and unresolved harvesting questions.
Staking, Airdrops & DeFi
Identifies every taxable income event in their year, values it on the right date and knows where on the return it goes
When Are Staking Rewards Taxable? Check the Date and RecordsCheck when staking rewards become income, which value to save, what an exchange form may show, and where liquid staking and the Jarrett case remain unsettled.
Are Hard Forks and Airdrops Taxable? Check When You Had ControlCompare a fork alone with an airdrop, find the first date you controlled new coins, and see how delayed exchange access changes the records to keep.
Is Crypto Mining a Hobby or Business for Taxes?Use the IRS factor checklist to compare hobby and business mining, then check how the choice affects expenses, self-employment tax, and reporting forms.
Gifting or Donating Crypto: Basis, Filing, and Appraisal ChecksCheck what basis a gift recipient takes, when a donor may need to file, and why a charitable crypto donation may require a qualified appraisal.
Are Liquidity Pool Deposits and Token Wrapping Taxable?See which DeFi tax questions remain open, compare sourced positions on pool deposits and wrapping, and build a consistent record of each transaction.
IRS Notices & Corrections
Answers a notice with the right documents, corrects earlier years before the IRS matches them, and avoids backup withholding
Got a CP2000 for Crypto? How to Check It and RespondGot a CP2000 for crypto? Compare the proposed amount with your records, choose an agreement path, and check the response date on your notice.Tax year 2025
Crypto Backup Withholding: When It Applies and How to Fix ItCheck when crypto backup withholding applies, what may trigger it, how to correct your TIN with the broker, and how withheld tax is credited.
Amend a Tax Return for Unreported CryptoFound unreported crypto on an old return? Compare the two timing rules, gather records, and learn when Form 1040-X fits before an IRS notice arrives.Tax year 2025
Will You Get an IRS Crypto Letter? Check Your RecordsWondering if a crypto mismatch letter may arrive? Review account and basis-record risks, distinguish educational letters, and choose a next records step.
Crypto Tax Penalties: Rates, Caps, and ReliefCompare crypto tax penalty rates and caps for filing, payment, and accuracy; see how rules interact and when reasonable-cause relief may merit review.