Gemini says it issues Form 1099-DA for 2025 sales, conversions, or other digital-asset dispositions by U.S. non-exempt customers.

The 2025 IRS report contains proceeds only, so it does not replace your acquisition records or determine your gain or loss. For context, see which exchanges issue Form 1099-DA.

Does Gemini issue a 1099-DA for 2025?

According to Gemini's tax reporting information, U.S. non-exempt customers who sold, converted, or otherwise disposed of digital assets on Gemini during 2025 should look for Form 1099-DA. Gemini lists February 15, 2026, as the delivery date for the recipient statement.

This is Gemini's dated issuance policy, not a guarantee that an individual customer's form is complete or correct. (Gemini Support: What Gemini provides for U.S. crypto tax reporting)

That date is separate from the general IRS furnishing date for tax-year-2025 Form 1099-DA recipient statements. The IRS lists February 17, 2026 (current figure at IRS) for that general deadline. (IRS Tax Tip 2026-07)

The practical distinction is simple: Gemini's date tells you when Gemini says it delivered the statement, while the IRS date describes the general federal deadline. Neither date tells you whether your proceeds, account information, or basis records match your own activity.

Where and when to find the form

For an eligible account, Gemini documents this app path:

Settings > Statements & Taxes > Taxes

The form appears there when available for the account. Gemini's instructions refer to the Gemini app or Tax Center, but this page does not assume a separate web route.

For the 2025 filing season, Gemini says the account-of-record name, Taxpayer ID, and address were to be certified before February 1 for use in issuing the form.

That was a condition tied to the 2025 issuance process, not a promise about a recurring future cutoff. (Gemini Support: Tax reporting update for 2025)

Use this account-data check before treating a mismatch as a proceeds problem:

Account detail What to compare
Name The name shown on the form and the account-of-record name
Taxpayer ID The form's identifying information and the certified account record
Address The address on the document and the address held for the 2025 account
Timing Whether the account information was certified before February 1

A form generated from pre-cutoff details may not reflect a later account change. If the name or Taxpayer ID is wrong, write down the exact field before contacting Gemini's current tax support.

What the form reports, and what it leaves out

Gemini says its 2025 IRS reporting is proceeds only. That means the Form 1099-DA figure can help you compare sale proceeds with your Gemini transaction history, but it does not supply the complete acquisition cost needed to calculate gain or loss. The broader box-level explanation belongs in what Form 1099-DA reports.

Gemini also says IRS cost-basis reporting begins with 2026 sales of covered assets. Its description generally covers assets bought on Gemini on or after January 1, 2026 and held there until sale.

That phase-in does not turn a 2025 proceeds figure into a 2025 basis figure. (Gemini Support: What Gemini provides for U.S. crypto tax reporting)

Tax year Gemini disposition form and IRS-facing data Covered-asset basis treatment Customer record needed
2025 Form 1099-DA for qualifying dispositions; proceeds only The IRS-facing report does not include the complete acquisition basis Sale records plus the original acquisition cost and date
2026 Gemini's covered-asset reporting phase begins for qualifying sales Basis reporting applies to the covered assets described by Gemini The customer still checks the form against account and source records
2025 transfer-in exception A later Gemini sale can show proceeds even when the original purchase happened elsewhere A transferred-in asset may still require source-wallet or source-platform information Original acquisition date and cost from the customer's records

The table describes Gemini's reporting scope. It does not promise that every customer's basis is complete.

What to check against your records

A wallet-to-Gemini transfer can make the gap easy to miss. For example, a Gemini export may show the later sale while your original purchase remains in a separate wallet or platform record. Gemini says customers must supply the transferred asset's acquisition cost and date to calculate actual gain or loss.

Without that input, the Gain/Loss Statement can show proceeds only, or the customer can elect a default estimate based on the transfer date and price.

Gemini says that estimate is not actual tax gain or loss. (Gemini Support: What is a Form 1099-DA and a tax Gain/Loss Statement?)

Gemini also says customer-entered basis for transferred assets is not reported to the IRS while it awaits a reliable mechanism and regulatory guidance. Treat the source record as the important document, not the estimate.

Gemini uses FIFO unless the customer chose another method, such as HIFO, before the relevant reporting timeline. Your comparison therefore needs to account for the method shown in the Gemini gain/loss calculation. Do not change a lot-selection method merely to make a proceeds figure match.

Form-versus-record checklist

Use this as a private reconciliation aid. It identifies the item to investigate; it does not decide that Gemini made an error.

  • Select tax year 2025.
  • Write down Gemini as the issuer and identify whether you are reviewing Form 1099-DA or a Gain/Loss Statement.
  • Compare disposition dates and proceeds with your exported Gemini transaction history.
  • Flag every asset transferred into Gemini from another wallet or platform.
  • Find the original acquisition cost and acquisition date for each flagged asset.
  • Note whether Gemini used FIFO or another method selected before the reporting timeline.
  • Record the precise issue for Gemini tax support: account field, disposition date, proceeds line, or missing acquisition record.

A useful comparison starts with one transaction. If the form shows $4,800 of proceeds and your Gemini history shows the same sale, that agreement answers only the proceeds question. It does not establish what you paid for the asset before moving it into Gemini.

I have spent years matching business forms to source records, and this is the point where a tidy statement can mislead. The number may be right while the acquisition file is still incomplete.

For the method questions themselves, use reconcile missing cost basis.

Other forms and who receives which document

The document depends on the documented account and activity conditions. A qualifying U.S. non-exempt disposition points toward Form 1099-DA.

An ineligible entity account, mainly a C corporation, receives a Gain/Loss Statement instead; Gemini says that statement is not sent to the IRS. (Gemini Support: Tax reporting update for 2025)

Gemini also documents Form 1099-MISC for $600 or more in eligible income, including staking and referral bonuses. Gemini says it delivered that form by January 31 and reported the income in Box 3.

That is separate from proceeds generated by selling or converting digital assets. (Gemini Support: Tax reporting update for 2025)

Which document am I looking for?

  1. Was there a qualifying U.S. non-exempt disposition on Gemini? Look for Form 1099-DA.
  2. If not, is this an ineligible entity account, mainly a C corporation? Look for the non-IRS Gain/Loss Statement.
  3. Otherwise, did Gemini document $600 or more of eligible income, such as staking or referral bonuses? Look for Form 1099-MISC, Box 3.
  4. If none of these cases applies, the reviewed Gemini material does not document which statement to expect.

Document absence is not, by itself, a taxability conclusion. A customer can have reporting responsibilities even when a form is missing, and a document does not complete the customer's return.

Corrections and support

The reviewed Gemini material does not provide a dedicated correction route or response deadline. First compare the form with the source records, then contact Gemini's current tax support with one specific issue.

State the account field if the name, Taxpayer ID, or address is wrong. State the date and proceeds line if the form does not match a Gemini export. For a transferred-in asset, identify the acquisition date and cost record you used, along with the later Gemini disposition.

This approach gives support a record to examine without asking it to reconstruct an undocumented wallet history.

What this means for your filing

Gemini gives customers concrete instructions for finding the 2025 tax document and distinguishes the IRS-facing proceeds report from its customer gain/loss information. That is useful. It still leaves a practical gap when an asset entered Gemini from another wallet or platform and the original acquisition record did not travel with it.

Reconcile the proceeds first. Then collect the purchase date and cost for every transferred-in asset before relying on a gain or loss figure. A transfer-date-and-price estimate can help identify an open record, but Gemini says it is not actual tax gain or loss.

For general filing mechanics, see report reconciled sales on Form 8949. This page does not calculate your tax or decide how a particular transaction belongs on your return. If the original basis cannot be reconstructed, ask a qualified tax professional about your records and filing position.

Questions about Gemini's form

I missed Gemini's February 1 tax-info cutoff. What changes?

The 2025 forms use the account-of-record name, Taxpayer ID, and address associated with the February 1 cutoff. Compare those details with the form, then raise any mismatch through Gemini's current tax support.

Why did Gemini give my company a Gain/Loss Statement instead of a 1099-DA?

Ineligible entities, mainly C corporations, receive Gemini's Gain/Loss Statement instead of Form 1099-DA. Gemini says that statement is not an IRS-filed 1099-DA.

Will Gemini know what I paid for coins I moved in?

The original acquisition cost and date must come from your source records. Gemini may show proceeds only or offer a transfer-date-and-price estimate, but it says that estimate is not actual tax gain or loss.

Does my 2025 Gemini 1099-DA show the cost basis the IRS received?

No. Gemini says its 2025 IRS report is proceeds only. Gemini says covered-asset basis reporting begins for qualifying 2026 sales.

Where should I look for Gemini staking or referral income?

Look for the documented Form 1099-MISC condition: Gemini says eligible income of $600 or more, including staking and referral bonuses, is delivered by January 31 and reported in Box 3. That income document is separate from a Form 1099-DA for digital-asset dispositions.

Start with which exchanges issue Form 1099-DA for the catalog hub.

For nearby account and transfer comparisons, read Coinbase's 2025 proceeds form and missing basis and Kraken's 2025 form and account eligibility.

Use what Form 1099-DA reports, reconcile missing cost basis, and report reconciled sales on Form 8949 for the related guides.

Open Gemini's 2025 tax document, compare its reported proceeds and account data with your own records, then collect the original purchase details for every asset moved into Gemini before using a gain/loss figure.

Sources