Does Coinbase report to the IRS?

Last checked 2026-10-29. Each statement links to the IRS document or Coinbase help page it comes from; the full list is under Sources.

General information, not tax advice. Not affiliated with Coinbase or the IRS. This page describes what IRS forms and instructions and Coinbase's help pages say. It does not describe any individual's situation.

Yes. Coinbase reports US customers' crypto sales and exchanges to the IRS on Form 1099-DA, starting with transactions on or after January 1, 2025 (IRS broker reporting FAQ; Coinbase Form 1099-DA page, archived 2026-10-25). The recipient instructions printed on the form say brokers "must report proceeds from (and in some cases, basis for) digital asset dispositions" both to the customer and to the IRS (IRS Form 1099-DA). Coinbase's tax-year 2025 form carries gross proceeds only; from tax year 2026 the form also carries cost basis for covered assets. Staking rewards and similar income are not on Form 1099-DA: Coinbase reports them on Form 1099-MISC once a customer's total reaches that form's threshold, and futures on Form 1099-B (Coinbase tax information, archived 2026-10-13).

Which forms Coinbase issues

Coinbase's tax information page lists the IRS forms below for US customers. The eligibility wording is Coinbase's own; the middle column summarizes the IRS instructions for each form.

Form	What it reports (IRS)	Who receives it (Coinbase, archived 2026-10-13)
1099-DA	Gross proceeds from sales and exchanges of digital assets; from tax year 2026, also cost basis for covered assets (IRS 1099-DA instructions, 2026)	"US customers with gross proceeds from sales or exchanges of crypto assets."
1099-MISC	Other income, reported in box 3 (IRS 1099-MISC instructions, 12/2026)	"US customers who earned at least $2,000 in crypto and miscellaneous income, including staking rewards and incentives"
1099-B	Regulated futures contracts, reported in aggregate in boxes 8 to 11, and securities sales (IRS 1099-B instructions, 2026)	"US customers who sold futures, securities or other financial instruments"
1099-DIV	Dividends and capital gain distributions (IRS Publication 1099, 2026)	"US customers who earned more than $10 in dividends or capital gain distributions from investments"

Coinbase's page says the forms are in the Documents section of Coinbase Taxes, and that paperless or mailed delivery is chosen in the Settings tab of Coinbase Taxes (Coinbase tax information, archived 2026-10-13).

What changed by tax year

Tax year	Form 1099-DA	Form 1099-MISC (other income)
2024 and earlier	No Form 1099-DA. Broker reporting on this form begins with transactions on or after January 1, 2025 (IRS digital assets page).	Not covered here.
2025 (forms issued in early 2026)	Gross proceeds only. Brokers were "not required to report basis information with respect to sales effected in 2025" (IRS 1099-DA instructions, 2025). Coinbase said its 2025 form would "only include proceeds" and would be provided "no later than March 17, 2026" (Coinbase Form 1099-DA page, archived 2026-10-25).	$600 or more in box 3 (IRS 1099-MISC instructions, Rev. April 2025).
2026 (forms issued in early 2027)	Gross proceeds for all digital assets, plus cost basis for covered assets; basis for noncovered assets is voluntary (IRS 1099-DA instructions, 2026). Coinbase: "Beginning tax year 2026, Form 1099-DA will also include cost basis information."	$2,000 or more for tax years beginning after 2025, which "may be adjusted for inflation beginning in calendar year 2027" (IRS 1099-MISC instructions, 12/2026).

When the 2026 forms are due to customers

Publication 1099 sets February 15 of the following year as the date for furnishing Forms 1099-DA and 1099-B to recipients, and January 31 for most Forms 1099-MISC. A date that falls on a Saturday, Sunday or legal holiday moves to the next business day (IRS Publication 1099, 2026). February 15, 2027 is Washington's Birthday, a federal holiday (OPM holiday schedule), so under that rule the 2026 Forms 1099-DA and 1099-B are due Tuesday, February 16, 2027. January 31, 2027 is a Sunday, so the general Form 1099-MISC date becomes Monday, February 1, 2027. The February 15 date also applies to statements furnished as part of a broker's consolidated reporting statement, so a Form 1099-MISC furnished that way is due Tuesday, February 16, 2027 (Publication 1099; Internal Revenue Code section 6045(b)). The Coinbase pages cited here do not say whether Coinbase furnishes its forms that way. A broker can ask the IRS for more time to furnish statements on Form 15397; an approved request generally allows up to 30 extra days (Publication 1099). Coinbase's 1099-DA page, as captured on 2026-10-25, gave a date only for the tax-year 2025 form.

What counts as a sale on Form 1099-DA

The IRS instructions define a sale to include disposing of digital assets for cash, for different digital assets, for stored-value cards, or for services provided by the broker (IRS 1099-DA instructions, 2026). Coinbase's help page gives crypto-to-crypto exchanges and crypto-to-cash conversions as examples. When crypto is sent to another wallet or address, Coinbase says only the crypto used to pay the network fee is reported on Form 1099-DA; the rest of the transfer is not (Coinbase Form 1099-DA page, archived 2026-10-25).

Coinbase also points out that gross proceeds are the total amount received from all disposals, including small trades. Gross proceeds are not a net gain and not an account balance.

What is not on Form 1099-DA, or need not be

Rewards and staking payments. The IRS instructions state: "Do not report rewards and staking payments on Form 1099-DA." Coinbase lists staking rewards and incentives under Form 1099-MISC.
Transactions listed in Notice 2024-57. Until further guidance, brokers are not required to report these on Form 1099-DA: wrapping and unwrapping, liquidity provider transactions, staking transactions, transactions described as lending or as short sales of digital assets, and notional principal contracts. The IRS instructions list them among the exceptions for which brokers "are not required to, but may," file Form 1099-DA, so they can still appear on one. The exception does not cover rewards or other compensation earned in those transactions, and the instruction not to report rewards and staking payments on Form 1099-DA is a separate rule (IRS 1099-DA instructions, 2026; IRS digital assets page).
Futures. Regulated futures contracts and other section 1256 contracts on digital assets are reported in aggregate on Form 1099-B. If the underlying digital asset is delivered under such a contract, the delivery is reported on Form 1099-DA as a sale (IRS 1099-DA instructions, 2026).
Decentralized exchange trades and self-custody wallets. Coinbase says DEX trades "aren't reported on IRS forms issued by Coinbase", and that Coinbase Taxes does not include Coinbase Wallet activity (Coinbase tax information, archived 2026-10-13).

Is there a minimum amount?

For ordinary crypto sales, no. The IRS instructions say brokers generally report all amounts from sales of digital assets they effect, unless a de minimis rule applies (IRS 1099-DA instructions, 2026). The de minimis rules cover three cases:

Qualifying stablecoins reported under the optional method: no reporting when a customer's designated stablecoin sales total $10,000 or less for the year.
Specified NFTs reported under the optional method: no reporting when the year's total is $600 or less.
Sales handled by a processor of digital asset payments: no reporting when the year's total is $600 or less.

Form 1099-MISC thresholds are in the table above. A threshold decides only whether a form is issued. The IRS digital assets page states that income from digital assets is taxable, and that digital asset transactions are reported on a return whether or not they result in a taxable gain or loss (IRS digital assets page).

What the IRS receives

The IRS receives the same Form 1099-DA information as the customer. The customer's copy may show only the last four digits of the taxpayer identification number, but the recipient instructions note that the issuer reports the complete number to the IRS (IRS Form 1099-DA).
Basis: when box 2 is checked, the basis in box 1g was reported to the IRS. The recipient instructions add: "If box 1g has any entry, including zero, the information within that box has been reported to the IRS as basis."
Box 8 shows that the broker relied on customer-provided acquisition information to identify which units were sold. Box 9 marks a noncovered asset, for which the date acquired and basis may be blank. Details are on the Coinbase Form 1099-DA page.

The digital asset question on Form 1040

Form 1040 asks whether, at any time during the year, the taxpayer received a digital asset as a reward, award or payment for property or services, or disposed of one by sale, exchange or otherwise. The IRS page lists situations where the answer is "No": only holding digital assets, purchasing them with US dollars or other real currency without disposing of any, and moving them between the taxpayer's own wallets or accounts, unless a transaction fee was paid in digital assets (IRS digital assets page). The recipient instructions printed on Form 1099-DA say that receiving the form generally means a digital asset was sold, exchanged or otherwise disposed of, and they point to the "Yes" box (IRS Form 1099-DA).

Sources

IRS and OPM pages were opened on 2026-10-29. help.coinbase.com blocks automated fetching, so Coinbase pages are cited from dated Internet Archive captures, also opened on 2026-10-29; the live pages may have changed since.

IRS, Frequently asked questions about broker reporting. Page last updated 28-Jun-2026.
IRS, Form 1099-DA (2026), including the Instructions for Recipient (PDF).
IRS, Instructions for Form 1099-DA (2026). Page last updated 30-Apr-2026.
IRS, Instructions for Form 1099-DA (2025) (PDF, dated May 30, 2025).
IRS, Digital assets. Page last updated 02-Sep-2026.
IRS, Instructions for Forms 1099-MISC and 1099-NEC (12/2026). Page last updated 01-Jul-2026.
IRS, Instructions for Forms 1099-MISC and 1099-NEC (Rev. April 2025) (PDF).
IRS, Instructions for Form 1099-B (2026). Page last updated 30-Apr-2026.
IRS, Publication 1099 (2026), General Instructions for Certain Information Returns. Page last updated 30-Apr-2026.
Internal Revenue Code section 6045(b), "Statements to be furnished to customers" (26 U.S.C. 6045(b)).
U.S. Office of Personnel Management, Federal holidays (2027 schedule).
Coinbase Help, "IRS Form 1099-DA": Internet Archive capture of 2026-10-25. Live page: help.coinbase.com/en/coinbase/taxes/forms-reports/1099da.
Coinbase Help, "Coinbase tax information": Internet Archive capture of 2026-10-13. Live page: help.coinbase.com/en/coinbase/taxes/general-information/tax-info.