1099-DA is live

The latest on Form 1099-DA.

Brokers now report your digital-asset proceeds to the IRS on Form 1099-DA — and for anything that ever touched a self-custody wallet, the cost basis comes back blank. That leaves millions of investors staring at wildly inflated gains. Here’s what’s changing, what the IRS has actually said, and what it means for your return.

Not sure how it hits you? See how we fix missing cost basis →

Form 1099-DA · 2025 What the IRS sees
Box 1a · Proceeds $84,210.00
Box 1b · Cost basis —— blank
Box 1c · Gain (reported) $84,210.00
Blank basis means your entire proceeds look like profit. We rebuild the missing cost basis so you’re taxed on the real gain.
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Reading this because you're stuck?

Doing your own crypto taxes? We'll take it from here.

1099-DA mismatches, missing cost basis, DeFi and LP positions, prior-year amendments — the cases off-the-shelf software chokes on are the only thing we do. Bring the chaos.