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OKX has started issuing Form 1099-DA to U.S. crypto traders for the first time. This quick guide explains what the new 1099-DA means, why you received it, what's missing from the form, and the exact steps you should take next to avoid overpaying on crypto tax.
Summ now supports Polymarket and Monad. Import your betting and transaction data via wallet address or CSV for complete tax reporting.
We're proud to announce our new partnership with CoinRabbit, a crypto asset management platform with loan, earn, trade and save services whose users often engage in on-chain activity that can carry tax implications.
A step-by-step guide to transferring your crypto Form 1099-DA data to IRS Form 8949, including how to handle missing cost basis, choose the right checkboxes, and avoid common mistakes.
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Swapping one crypto for another is a taxable event, and you will need to work out the USD value of your capital gain or loss to report on your taxes.