Crypto Tax Forms for 2026

Q: Where can I get 1099 forms for crypto in the US?

You usually get 1099 forms from the tax documents or tax center section of your exchange, broker, or payment platform account. If no form is available, you still must report taxable crypto activity using your own records.

Q: How do you fill out Form 8949 for crypto in the US?

For most US filers, you list each taxable crypto disposal with the asset description, dates acquired and sold, proceeds, cost basis, and any adjustments. Then you total the form and carry the short-term and long-term results to Schedule D.

Q: Will you receive 1099s from Coinbase in the US?

Maybe. It depends on your account activity, product usage, and the forms Coinbase issues for that tax year. Some users receive a 1099 for crypto-related activity, and others may need to rely mainly on account exports and transaction history.

Q: Do I need to report crypto if I did not receive a 1099 in the US?

Yes. US taxpayers generally must report taxable crypto activity whether or not they received a 1099 from a platform.

Q: Does Form 1099-DA include cost basis for US taxpayers?

No, not at first, and when it does, it may not be the final source of truth for every taxpayer. For 2025 sales reported in the 2026 filing season, users should expect gross proceeds reporting. Cost basis reporting comes in 2027 for certain covered broker-reported sales in 2026. Always keep your own cost basis records, especially if you use multiple exchanges or wallets and/or DeFi.

ByTynisa (Ty) Gaines, EA · Reviewed byZac McClure, MBAUpdated on June 1, 2026 · minute read

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US crypto taxpayers generally report gains and losses on Form 8949 and Schedule D. You may also receive a 1099 from an exchange or broker, and the IRS usually receives a copy too.
Form 1099-DA is the new digital asset broker reporting form. Many users will receive it in early 2026 for 2025 sales, with gross proceeds first and cost basis reporting coming later for 2026 sales reported on 2027 forms.
Your own records should still be the source of truth, especially if you use multiple exchanges, wallets, or DeFi. Exchange forms may not capture your full activity.

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At TokenTax, we create original content to educate and empower the many crypto investors we serve. Our informational articles reflect the latest tax guidelines from agencies worldwide and are regularly updated to be accurate, actionable, and current. Certified tax professionals research, write, and review each piece to combine industry expertise with rigorous fact-checking. Whether you're navigating DeFi, NFTs, or complex trades, TokenTax is your trusted partner in the complex, evolving world of crypto taxes.

The biggest change to crypto tax forms in 2026 is Form 1099-DA, the new IRS information return for broker-reported digital asset sales. US crypto users may see it for the first time in the 2026 filing season for 2025 activity.

This form will never replace your own records. Your return is still built from Form 8949 + Schedule D and income reporting.

IRS source note
This guide is based on current IRS forms, instructions, and digital asset reporting guidance, and you should review the latest IRS source materials before you file. The IRS has also issued 1099-DA guidance.

Quick comparison of the crypto tax forms that matter in 2026

This table shows the main crypto tax forms a US crypto user may receive or file, and where each one fits in the return process.

Form	What It Reports	Who Should Report	Where It Flows
Form 1040 (digital asset question)	Your answer about digital asset activity during the tax year	You (US taxpayer)	Form 1040-series return
Form 8949	Taxable capital disposals, including many crypto sales and swaps	You	Totals generally flow to Schedule D
Schedule D (Form 1040)	Summary of capital gains and losses	You	Form 1040 return
Form 1099-DA	Broker-reported digital asset sales/exchanges	Exchange or broker issues it, you use it to reconcile	Used as an input to your 8949 / Schedule D reporting
Form 1099-MISC	Certain miscellaneous income	Exchange/platform/payer issues it, you report the income	Usually income sections of the return (depends on facts)
Form 1099-B	Broker transaction reporting for certain products	Broker/platform issues it, you enter it	Capital gains workflow, often toward Schedule D
Form 1099-K	Gross payments for goods/services through payment networks	Payment processor/platform issues it	Not a profit/loss form by itself
FBAR (FinCEN Form 114)	Foreign account disclosure	You, if filing thresholds/rules apply	Separate FinCEN filing
Form 8938	FATCA specified foreign financial asset reporting	You, if filing thresholds/rules apply	Filed with your IRS return

Which crypto tax form do investors need in 2026?

US crypto investors usually receive platform (crypto exchange) forms first. You then prepare your own Form 8949, then summarize on Schedule D, and file your return with Form 1040.

Here are common crypto tax forms US crypto users may see:

Form 1099-DA

This is the new tax form for crypto sales reporting by certain brokers. Users may first see Form 1099-DA in early 2026 for 2025 sales activity.

For 2025 sales (filed in 2026), reporting starts with gross proceeds. Do not assume it gives you everything needed to calculate gain or loss by itself.

Form 1099-MISC

Some platforms issue Form 1099-MISC for certain crypto-related income, such as rewards, bonuses, or similar payments.

This is generally an income form, not your capital gains form.

Form 1099-B

Some crypto users receive Form 1099-B for certain broker-style products, including some non-spot activity.

This can include margin or derivatives activity on some exchanges, depending on how the product is structured and reported.

Form 1099-K

Form 1099-K reports gross payments for goods and services processed by payment networks. It is not a profit/loss statement and is generally not the main form for regular spot crypto trading.

Form 8949

This is the core crypto tax Form 8949 workflow for most investors. You use Form 8949 to report taxable disposals like sales and many swaps, with dates, proceeds, basis, and adjustments.

If you are searching for what is Form 8949, IRS tax form 8949, or form 8949 IRS, this is the form most crypto filers use to list capital transactions line by line.

Schedule D (Form 1040)

Schedule D summarizes your short-term and long-term capital gains and losses from Form 8949.

It is the summary step that rolls your capital results into your federal return.

Form 1040 (digital asset question)

You also answer the digital asset question on Form 1040-series returns. This question does not replace reporting on Form 8949 or Schedule D, but it is still required.

For beginners, the simplest way to think about it is this: platform forms help, but your return still depends on your complete records. The IRS has a helpful tool to help you answer the digital asset question. When in doubt, speak to one of our crypto tax experts.

What information is reported on Form 8949?

Form 8949 is where you list taxable capital transactions, including many crypto sales, swaps, and spending transactions that create gain or loss. It is the detailed worksheet behind your capital gains reporting.

Crypto Form 8949 usually includes:

A description of the asset/transaction (for example, BTC sale or ETH to SOL swap)
Date acquired
Date sold or disposed
Proceeds
Crypto cost basis
Adjustment amounts or codes, if needed
Gain or loss result

This is why crypto tax Form 8949 matters so much. Even if you receive a 1099 for crypto, you still may need to calculate or correct basis using your own records before completing Form 8949.

How Form 8949 flows into Schedule D

This is the part that confuses many first-time filers, but the flow is straightforward.

You list taxable crypto disposals on Form 8949.
You total short-term and long-term results.
Those totals generally flow into Schedule D (Form 1040).
Schedule D then flows into your federal return.

This table shows the basic Form 8949 to Schedule D flow for crypto capital transactions.

Step	Form	What Happens
1	Form 8949	List crypto sales/swaps and calculate gain or loss
2	Form 8949	Total short-term and long-term transactions
3	Schedule D	Report the summary totals
4	Form 1040 return	Capital gains/losses become part of your overall tax return

How do you answer the questions on Form 1040?

The IRS requires taxpayers to answer the digital asset question on Form 1040-series returns. You should use the current IRS instructions and your own records when answering it.

In general, many taxable activities such as selling, swapping, or receiving crypto as payment or income lead to a “Yes” answer. Simply holding crypto without certain transaction activity is different.

Crypto tax form 1099 explained

A crypto tax Form 1099 is an information return issued by a platform or payer. You usually do not file the 1099 itself, instead, you use it to help prepare your return and reconcile your records.

The biggest 2026 change is Form 1099-DA. For sales on or after January 1, 2025, digital asset broker reporting begins with gross proceeds reporting, which means users may first receive Form 1099-DA in early 2026 for 2025 activity.

Basis reporting phases in later for certain covered broker-reported sales, which is why your own crypto cost basis records still matter.

I didn’t receive a 1099 form: What should I do?

You still need to report taxable crypto activity in the US, even if you did not receive a crypto 1099 from an exchange.

This is common when users spread activity across multiple exchanges, self-custody crypto wallets, or DeFi protocols. Use your transaction history and records to complete the correct tax forms.

My 1099 form is inaccurate

Common crypto issues include missing cost basis for transferred-in assets, incomplete transfer history, or category confusion. Use your own records to report the correct numbers, and keep documentation supporting your adjustments in case of a crypto tax audit.

Records to keep to fill out your crypto tax form correctly

Keep these records in order to accurately complete your crypto tax forms.

Full transaction exports from every exchange, wallet, and app you used
Wallet addresses and account IDs
Transfer records between your own wallets and crypto exchanges
Trade confirmations and timestamps
Fees (trading fees, gas fees when relevant to basis/proceeds treatment)
Dates acquired and dates sold/disposed
Fair market value at receipt for income events
Notes for unusual events (crypto airdrops, migrations, chain splits, token redenominations)
Any platform-issued forms, including 1099-DA, 1099-MISC, 1099-B, or 1099-K

Foreign crypto holdings tax forms

If you use foreign platforms or have qualifying foreign accounts/assets, additional disclosure forms may apply. These are separate from your core capital gains forms.

FBAR (FinCEN Form 114)

FBAR is a foreign account disclosure filing. It is a separate filing made with FinCEN, not your IRS tax return.

It does not replace your crypto gain/loss reporting on Form 8949 and Schedule D.

Form 8938

Form 8938 is a FATCA reporting form for specified foreign financial assets when the filing rules and thresholds apply.

It is filed with your tax return, and it also does not replace Form 8949 or Schedule D. Some US taxpayers may need both FBAR and Form 8938, depending on the facts.

What happens if I don’t fill out crypto tax forms?

If you have taxable crypto activity and do not report it, you can trigger IRS notices, penalties, interest, and follow-up questions.

This matters more now because broker reporting is becoming more standardized with Form 1099-DA, which increases matching over time. If you missed reporting in a prior year, it is usually better to reconcile your records and fix the filing than ignore it.