01/28/2026
If you’re starting to download your tax forms, you’re going to notice a new face in the crowd. While your stock sales still come on the familiar Form 1099-B, your digital assets now have their own home: Form 1099-DA.
The Big Differences This Year:
Pay Attention if you sell, trade, or gift stocks or Virtual Currency
Stocks (Form 1099-B): Generally "business as usual." Your broker usually tracks exactly what you paid (Cost Basis) and your profit/loss for you.
Crypto/NFTs (Form 1099-DA): This is the "Wild West" year. Because it’s brand new, many brokers are only reporting your Gross Proceeds (total sales). They might leave the cost basis blank.
⚠️ The Risk: If you report $10,000 in crypto sales but don't manually add your cost basis, the IRS might try to tax you on the full $10,000! Make sure you stay organize and keep an account on the cost of of your crypto purchases..