Get Answers Support Tax Filings & Payments 1099 1099-DA How should brokers report multiple types of qualifying stablecoins sold by a customer? If a customer sells multiple types of qualifying stablecoins, brokers must report each type on a separate Form 1099-DA. For example: Sales of Stablecoin A should be reported on one Form 1099-DA. Sales of Stablecoin B should be reported on another Form 1099-DA. Each form should include the necessary details for the specific stablecoin, ensuring that the IRS receives accurate information for each type of digital asset. Was this helpful? Yes No Related Questions What is Form 1099-DA? Who needs to file Form 1099-DA? When is the deadline to file Form 1099-DA? What is a digital asset? What is a covered security in Form 1099-DA? What is a non-covered security in Form 1099-DA? What counts as a sale of a digital asset? How does the optional reporting method work for specified NFTs? Go to Home Page Need more help? Get in touch with our dedicated support team Contact Us (704) 684-4751 support@taxbandits.com Sign Up for a FREE TaxBandits Account! The Smart CPA Choice Register Now Already have an account? Sign in