Courses

Surgent's A Complete Guide to Reporting Form 1099-DA

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Member Price: $99.00 Non-Member Price: $129.00

Date/Time:: Apr 23, 2026, 10:00am–12:00pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 2.00
Fields of Study:: Taxes
Level:: Basic

For each digital asset sale that a broker has affected for a customer in 2025, the broker must complete Form 1099-DA. A broker includes any person who, in the ordinary course of a trade or business, stands ready to affect sales of digital assets to be made by others. This program covers the required rules for reporting digital asset transactions on Form 1099-DA.

Objective

Understand the rules relating to Form 1099-DA

Highlights

Definition of a digital asset for purposes of Form 1099-DA
What is a sale of a digital asset affected by a broker on behalf of another person?
Mandatory 2025 reporting of gross proceeds information and voluntary reporting of basis information
Treatment of sales of digital assets
Who is a broker for purposes of Form 1099-DA?
Information required to complete Form 1099-DA
Reporting closing transactions and covered securities
Who is a processor of digital asset payments?
How many transactions to report on each Form 1099-DA and how many forms to file for each transaction
Optional reporting methods for digital asset transactions
Substitute statements for the Form 1099
Reporting a disposition of digital assets held by a widely held fixed investment trust

Designed For

Accounting and finance professionals who need to understand the rules regarding Form 1099-DA

Prerequisite

None

Advanced Preparation

None