The 1099-DA Crypto Trap

Staring at a 1099-DA? How to Unwind the New Crypto “Exchange Trap” The era of “honor system” crypto reporting is officially history. Under recently enacted federal regulations, digital asset brokers, custodial platforms, and centralized exchanges are now legally mandated to issue Form 1099-DA. In addition, the IRS now requires wallet-level or account level cost basis tracking. For the first […]