Get Answers Support Tax Filings & Payments 1099 1099-DA What is Form 1099-DA? Who needs to file Form 1099-DA? Who receives Form 1099-DA? What information does Form 1099-DA include? When is the deadline to file Form 1099-DA? What should recipients do with Form 1099-DA? How does Form 1099-DA relate to Form 8949? What is Form 8949? 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? How should brokers report multiple types of qualifying stablecoins sold by a customer? What is a qualifying stablecoin? What is a ‘Designated Sale of a Qualifying Stablecoin’? What is the optional reporting method for qualifying stablecoins? How many Forms 1099-DA should be filed if multiple asset types are sold in one transaction? What are specified NFTs? Who is a digital asset middleman? What boxes may be left blank when using optional reporting methods in Form 1099-DA? What is a cost basis in Form 1099-DA? What is a wash sale? What is a Widely Held Fixed Investment Trust (WHFIT) for Form 1099-DA? How are digital asset sales and reporting handled for Widely Held Fixed Investment Trusts (WHFITs)? How should foreign currency transactions be reported in Form 1099-DA? What are the rules for dual classification assets that are tokenized as securities? Are rewards and staking payments reported on Form 1099-DA? What are the exceptions to Form 1099-DA reporting requirements for brokers? Do brokers need to file Form 8308 for partnership interest sales if Form 1099-DIV is filed? What is the average basis method, and when is it used on Form 1099-DA? What is the identification of digital assets? How can I identify if a customer is a corporation for the sales of digital assets? How do I identify a U.S. digital asset broker as an exempt recipient? What is an exemption certificate, and why is it important? What is the CUSIP number, and when must it be used in Form 1099-DA? Do I need to include an account number on Form 1099-DA? What are ‘Proceeds’? How are gross proceeds reported on Form 1099-DA? 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