Kraken Taxes and Form 1099-DA: Kraken’s Combined Form 1099 Explained
Kraken sends US clients a combined Form 1099 with Form 1099-DA and 1099-MISC. What it covers, what it leaves out, and how to report it.
Nadia Rahman is CoinScoop's Markets Editor. She covers Bitcoin, macro liquidity and the spot-ETF complex, and previously reported on rates and FX for a global newswire.
Kraken sends US clients a combined Form 1099 with Form 1099-DA and 1099-MISC. What it covers, what it leaves out, and how to report it.
Coinbase reports your crypto sales on Form 1099-DA and rewards over $600 on Form 1099-MISC. What each form shows, why cost basis may be missing, and how to report it.
Form 1099-DA is the IRS form US crypto brokers use to report your sales. For 2025 it shows proceeds only; from 2026 it adds cost basis for crypto bought on the same exchange.
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