Form 1099-DA: Crypto Taxes in 2026

On January 1st, 2026, the era of voluntary crypto reporting officially ended.

For the last decade, the IRS relied on your honesty to report digital asset gains.

That world no longer exists. Under the new One Big Beautiful Bill Act,

the IRS has deployed its most powerful weapon yet, Form 1099-DA. If you have bought,

sold, or even traded a fraction of a digital asset on any major exchange this year,

a copy of your financial activity is already sitting on an IRS server. Today,

we are performing a deep dive audit on exactly what this form means for your wallet,

the specific cost basis traps that lead to double taxation, and the 2026 exemptions you must claim before