1099-DA Digital Asset Proceeds From Broker Transactions

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VOID

7A7A

CORRECTED
OMB No. 1545-XXXX

Applicable checkbox on Form 8949

FILER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

2025

Form 1099-DA

Digital Asset
Proceeds From
Broker
Transactions

1a Code for digital asset

Copy A

TREASURY/IRS
AND OMB USE
ONLY DRAFT
September 9, 2024
DO NOT FILE
1b Name of digital asset

FILER’S TIN

For
Internal Revenue
Service Center

RECIPIENT’S TIN

1c Number of units

RECIPIENT’S name

1d Date acquired

1e Date sold or disposed

Street address (including apt. no.)

City or town, state or province, country, and ZIP or foreign postal code

1f Proceeds

1g Cost or other basis

$

$

1h Accrued market discount

1i Wash sales loss disallowed

$

$

2 Check if basis reported
to IRS

3a Reported to IRS:

3b Check if proceeds from:

4 Federal income tax withheld

Gross proceeds
Net proceeds

Account number

Reserved for future use

CUSIP number

QOF

5 Check if loss is not
allowed based on
amount in 1f

6 Gain or loss:

Short-term

7 Check if 1f is only cash

Ordinary

$

8 Check if broker relied
on customer-provided
acquisition information

For filing
information,
Privacy Act, and
Paperwork
Reduction Act
Notice, see the
General
Instructions for
Certain
Information
Returns.

Long-term

9 Check if digital
asset is a
noncovered
security

10 Digital asset is a noncovered security because:

11a Check if gross proceeds
reported in 1f is an
aggregate amount for:

Broker did not provide custodial services for it

Broker provided custodial services and it was transferred in to broker
Broker provided custodial services and it was acquired prior to 2026

11b If 11a checked,
number of
transactions

11c For aggregate reporting of specified
NFTs, aggregate gross proceeds
reported in 1f that are attributable
to first sales by creator or minter

12a Number of units transferred in

Qualifying stablecoins
Specified NFTs

12b If transferred in, provide
transfer-in date

www.irs.gov/Form1099
13

$
14 State name

15 State identification no.

16 State tax withheld

$
$
Form 1099-DA

Cat. No. 73567I

www.irs.gov/Form1099DA

Department of the Treasury - Internal Revenue Service

VOID

CORRECTED
OMB No. 1545-XXXX

Applicable checkbox on Form 8949

FILER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

2025

Form 1099-DA

Digital Asset
Proceeds From
Broker
Transactions

1a Code for digital asset

Copy 1

TREASURY/IRS
AND OMB USE
ONLY DRAFT
September 9, 2024
DO NOT FILE

For State Tax
Department

1b Name of digital asset

FILER’S TIN

RECIPIENT’S TIN

1c Number of units

RECIPIENT’S name

1d Date acquired

1e Date sold or disposed

Street address (including apt. no.)

City or town, state or province, country, and ZIP or foreign postal code

1f Proceeds

1g Cost or other basis

$

$

1h Accrued market discount

1i Wash sales loss disallowed

$

$

2 Check if basis reported
to IRS

3a Reported to IRS:

3b Check if proceeds from:

4 Federal income tax withheld

Gross proceeds
Net proceeds

Account number

Reserved for future use

CUSIP number

QOF

5 Check if loss is not
allowed based on
amount in 1f

6 Gain or loss:

Short-term

7 Check if 1f is only cash

Ordinary

$

8 Check if broker relied
on customer-provided
acquisition information

Long-term

9 Check if digital
asset is a
noncovered
security

10 Digital asset is a noncovered security because:

11a Check if gross proceeds
reported in 1f is an
aggregate amount for:

Broker did not provide custodial services for it

Broker provided custodial services and it was transferred in to broker
Broker provided custodial services and it was acquired prior to 2026

11b If 11a checked,
number of
transactions

11c For aggregate reporting of specified
NFTs, aggregate gross proceeds
reported in 1f that are attributable
to first sales by creator or minter

12a Number of units transferred in

Qualifying stablecoins
Specified NFTs

12b If transferred in, provide
transfer-in date

13

$
14 State name

15 State identification no.

16 State tax withheld

$
$
Form 1099-DA

www.irs.gov/Form1099DA

Department of the Treasury - Internal Revenue Service

CORRECTED (if checked)
OMB No. 1545-XXXX

Applicable checkbox on Form 8949

FILER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

2025

Form 1099-DA

Digital Asset
Proceeds From
Broker
Transactions

1a Code for digital asset

Copy B

TREASURY/IRS
AND OMB USE
ONLY DRAFT
September 9, 2024
DO NOT FILE

For Recipient

1b Name of digital asset

FILER’S TIN

RECIPIENT’S TIN

1c Number of units

RECIPIENT’S name

1d Date acquired

1e Date sold or disposed

Street address (including apt. no.)

1f Proceeds

City or town, state or province, country, and ZIP or foreign postal code

$

1h Accrued market discount

$

2 Check if basis reported
to IRS

Account number

3b Check if proceeds from:

Reserved for future use

CUSIP number

QOF

5 Check if loss is not
allowed based on
amount in 1f

6 Gain or loss:

Short-term

This is important tax
information and is
being furnished to
1i Wash sales loss disallowed
the IRS. If you are
$
required to file a
3a Reported to IRS:
return, a negligence
penalty or other
Gross proceeds
sanction may be
Net proceeds
imposed on you if
4 Federal income tax withheld
this income is
taxable and the IRS
determines that it
$
has not been
8 Check if broker relied
on customer-provided
reported.
1g Cost or other basis

$

7 Check if 1f is only cash

acquisition information

Ordinary

Long-term

9 Check if digital
asset is a
noncovered
security

10 Digital asset is a noncovered security because:

11a Check if gross proceeds
reported in 1f is an
aggregate amount for:

Broker did not provide custodial services for it

Broker provided custodial services and it was transferred in to broker
Broker provided custodial services and it was acquired prior to 2026

11b If 11a checked,
number of
transactions

11c For aggregate reporting of specified
NFTs, aggregate gross proceeds
reported in 1f that are attributable
to first sales by creator or minter

12a Number of units transferred in

Qualifying stablecoins
Specified NFTs

12b If transferred in, provide
transfer-in date

13

$
14 State name

15 State identification no.

16 State tax withheld

$
$
Form 1099-DA

(Keep for your records)

www.irs.gov/Form1099DA

Department of the Treasury - Internal Revenue Service

Instructions for Recipient
Brokers must report proceeds from (and in some cases, basis for) digital
asset dispositions to you and the IRS on Form 1099-DA. You may be
required to recognize gain from these dispositions of digital assets.
Reporting is also required when your broker knows or has reason to know
that a corporation in which you own a digital asset that is also stock has
had a reportable change in control or capital structure. You may be
required to recognize gain from the receipt of cash, services, digital assets,
or other property that was exchanged for a digital asset that is also the
corporation’s stock.
If you received a Form 1099-DA, you generally sold, exchanged, or
otherwise disposed of a financial interest in a digital asset and should
check the “Yes” box next to the question on page 1 of Form 1040.
Recipient’s taxpayer identification number (TIN). For your protection,
this form may show only the last four digits of your TIN (social security
number (SSN), individual taxpayer identification number (ITIN), adoption
taxpayer identification number (ATIN), or employer identification number
(EIN)). However, the issuer has reported your complete TIN to the IRS.
Account number. May show an account or other unique number the filer
assigned to distinguish your account.
CUSIP number. Shows the CUSIP (Committee on Uniform Security
Identification Procedures) number or other applicable identifying number, if
applicable to the digital assets disposed.

Box 2. If checked, the basis in box 1g has been reported to the IRS and
either the short-term or the long-term gain or loss box in box 6 will be
checked. If box 2 is checked on Form(s) 1099-DA and NO adjustment is
required, see the instructions for your Schedule D (Form 1040), as you may
be able to report your transaction directly on Schedule D (Form 1040). If
the “Ordinary” box in box 6 is checked, an adjustment may be required.
Box 3a. If the exercise of a digital asset that is also a non-compensatory
option resulted in a sale of a digital asset, a checked “Net proceeds” box
indicates that the amount in box 1f was adjusted for option premium. A
checked “Gross proceeds” box indicates that the amount in box 1f was
not adjusted for option premium.
Box 3b. If checked, proceeds are from a transaction involving a Qualified
Opportunity Fund (QOF).
Box 4. Shows backup withholding. Generally, a filer must backup withhold
if you did not furnish your TIN to the filer. See Form W-9 for information on
backup withholding. Include this amount on your income tax return as tax
withheld.
Box 5. If checked, you cannot take a loss on your tax return based on
gross proceeds from a reportable change in control or capital structure
reported in box 1f. See the Form 8949 and Schedule D (Form 1040)
instructions. The broker should advise you of any losses on a separate
statement.
Box 6. The short-term and long-term boxes pertain to short-term gain or
loss and long-term gain or loss. If the “Ordinary” gain or loss box is
checked, your digital asset may be subject to special rules. See the
Instructions for Form 8949, Pub. 550, or Pub. 1212 for more details on
whether there are any special rules or adjustments that might apply to your
digital asset. If box 9 is checked, box 6 may be blank.
Box 7. If checked, you only received cash proceeds in the transaction.

TREASURY/IRS
AND OMB USE
ONLY DRAFT
September 9, 2024
DO NOT FILE
Applicable checkbox on Form 8949. Indicates where to report this
transaction on Form 8949 and Schedule D (Form 1040), and which
checkbox is applicable. See the instructions for your Schedule D (Form
1040) and/or Form 8949.

Box 1a. Shows the code for the digital asset for which the amounts are
being reported.

Box 1b. Shows the name of the digital asset.
Box 1c. Shows the number of digital asset units sold, exchanged, or
otherwise disposed of in the transaction.
Box 1d. Shows the original date the assets were acquired. This box may
be blank if box 9 is checked or if the digital assets sold, exchanged, or
otherwise disposed of were acquired on a variety of dates or if the date
was unknown to the filer.
Box 1e. Shows the sale or disposition date.

Box 1f. Shows the total proceeds from the digital asset transaction. Total
proceeds may include cash, the value of services, digital assets, or other
property received in exchange for the disposed digital assets.

Box 1g. Shows the aggregate cost or other basis of the digital assets sold,
exchanged, or otherwise disposed. If box 9 is checked, box 1g may be
blank if the cost or other basis was unknown to the filer, or the digital
assets were acquired prior to 2026. If box 1g is blank, you will need to
determine your basis based on your own books and records. If box 1g has
any entry, including zero, the information within that box has been reported
to the IRS as basis.
Box 1h. Shows the amount of accrued market discount for digital assets
that are also debt instruments for tax purposes. For details on market
discount, see the Schedule D (Form 1040) instructions, the Instructions for
Form 8949, and Pub. 550. If box 9 is checked, box 1h may be blank.
Box 1i. Shows the amount of nondeductible loss in a wash sale
transaction involving digital assets that are also stock or securities for tax
purposes. For details on wash sales, see the Schedule D (Form 1040)
instructions, the Instructions for Form 8949, and Pub. 550. If box 9 is
checked, box 1i may be blank.

Box 8. If checked, you provided acquisition information to your broker and
they relied on it when identifying which digital asset was sold, exchanged,
or disposed.
Box 9. If checked, the digital asset sold was a noncovered security and
boxes 1d, 1g, 1h, 1i, 2, and 6 may be blank.

Box 10. If checked, the digital asset sold was a noncovered security
because the broker did not provide custodial services for it, the broker did
provide custodial services for it and it was transferred in to the broker, or
the broker did provide custodial services for it and it was acquired prior to
2026.
Box 11a. If checked, the digital assets sold were qualifying stablecoins or
specified non-fungible tokens (NFTs) and the information reported in box 1f
represents the aggregate gross proceeds from those sales for the year.
Box 11b. Shows the number of transactions if the information reported on
this form represents more than one transaction.
Box 11c. Shows the gross proceeds from the first sale of any specified
NFTs you created or minted.
Box 12a. Shows the number of digital asset units transferred into an
account at the broker.
Box 12b. Shows the date of any transfer-in.
Box 13. Reserved for future use.
Boxes 14–16. Show state(s)/local income tax information.
Future developments. For the latest information about any developments
related to Form 1099-DA and its instructions, such as legislation enacted
after they were published, go to www.irs.gov/Form1099DA.
Free File Program. Go to www.irs.gov/FreeFile to see if you qualify for
no-cost online federal tax preparation, e-filing, and direct deposit or
payment options.

CORRECTED (if checked)
OMB No. 1545-XXXX

Applicable checkbox on Form 8949

FILER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no.

2025

Form 1099-DA

Digital Asset
Proceeds From
Broker
Transactions

1a Code for digital asset

Copy 2

TREASURY/IRS
AND OMB USE
ONLY DRAFT
September 9, 2024
DO NOT FILE
1b Name of digital asset

FILER’S TIN

To be filed with
recipient’s state
income tax return,
when required.

RECIPIENT’S TIN

1c Number of units

RECIPIENT’S name

1d Date acquired

1e Date sold or disposed

Street address (including apt. no.)

City or town, state or province, country, and ZIP or foreign postal code

1f Proceeds

1g Cost or other basis

$

$

1h Accrued market discount

1i Wash sales loss disallowed

$

$

2 Check if basis reported
to IRS

3a Reported to IRS:

3b Check if proceeds from:

4 Federal income tax withheld

Gross proceeds
Net proceeds

Account number

Reserved for future use

CUSIP number

QOF

5 Check if loss is not
allowed based on
amount in 1f

6 Gain or loss:

Short-term

7 Check if 1f is only cash

Ordinary

$

8 Check if broker relied
on customer-provided
acquisition information

Long-term

9 Check if digital
asset is a
noncovered
security

10 Digital asset is a noncovered security because:

11a Check if gross proceeds
reported in 1f is an
aggregate amount for:

Broker did not provide custodial services for it

Broker provided custodial services and it was transferred in to broker
Broker provided custodial services and it was acquired prior to 2026

11b If 11a checked,
number of
transactions

11c For aggregate reporting of specified
NFTs, aggregate gross proceeds
reported in 1f that are attributable
to first sales by creator or minter

12a Number of units transferred in

Qualifying stablecoins
Specified NFTs

12b If transferred in, provide
transfer-in date

13

$
14 State name

15 State identification no.

16 State tax withheld

$
$
Form 1099-DA

www.irs.gov/Form1099DA

Department of the Treasury - Internal Revenue Service