Crypto TurboTax and CoinTracker Partner to Help You Seamlessly Calculate and Import Cryptocurrency Transactions at Tax Time Read the Article Open Share Drawer Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Share on LinkedIn (Opens in new window) LinkedIn Share on Pinterest (Opens in new window) Pinterest Print (Opens in new window) Print Written by Dawn Allcot Published Mar 9, 2022 - [Updated Mar 31, 2026] 3 min read Reviewed by Karis Fedor, CPA Thomas Murphy, CPA Key takeaways U.S. crypto brokers must issue Form 1099-DA for digital asset sales made in 2025 and 2026. The form reports gross proceeds, not your actual gain or loss. Investors can use CoinTracker and TurboTax together to track transactions and calculate cost basis and capital gains. Table of Contents How CoinTracker and TurboTax save filers timeTurboTax calculates capital gains based on your transaction dataWhy filing digitally can simplify your crypto reportingWhat still requires your attentionFAQs I opened my email and saw Form 1099-DA. Your refund is waiting Get started Like 25% of American adults last year, I had bought and sold some cryptocurrency. I was worried tracking it would be a hassle, but soon realized I had the tools I needed at my fingertips. TurboTax’s partnership with CoinTracker provides a seamless, automated way for users to calculate, import, and report cryptocurrency transactions for tax years 2025, 2026, and beyond. How CoinTracker and TurboTax save filers time CoinTracker syncs data from major exchanges directly, which means you don’t have to manually upload CSV files. You can import up to 1,000 1099-DA transactions. CoinTracker supports high-volume traders. Avoid manual data entry with auto-imports and ensure accuracy — no risk of typos! TurboTax calculates capital gains based on your transaction data With all the necessary data at hand, TurboTax calculates your cost basis, or how much you spent on the investment (including fees). The sale price minus the cost basis equals your capital gain or loss. TurboTax ensures your short and long-term capital gains, as well as your ordinary income, is being taxed appropriately so you can claim the maximum refund you deserve. Why filing digitally can simplify your crypto reporting Crypto investing often involves multiple wallets, exchanges, and transaction types. Filing electronically can help reduce errors and streamline reporting. TurboTax partners with CoinTracker to help organize crypto transactions across platforms and reduce manual entry. Gains and losses are calculated for you, and through TurboTax JumpStart, that information can be populated directly into your tax forms and reconciled with broker-issued 1099-DA documents. What still requires your attention Form 1099-DA doesn’t make crypto taxes automatic. But TurboTax and CoinTracker can do the heavy lifting or you by calculating the cost basis and capital gains or losses. You’ll still need to confirm each 1099-DA form matches your own records. Not sure where to start? Our crypto tax calculator can help you estimate your potential gains and losses before you file. Crypto reporting is becoming more standardized, but it’s still evolving. If you sold digital assets in 2025, take time to review your 1099-DA, reconcile your records, and file with confidence. FAQs What changed for crypto taxes in 2026? Starting with the 2025 tax year, many U.S. crypto brokers must issue Form 1099-DA to report certain digital asset sales. The form helps standardize how crypto transactions are reported to both you and the IRS. What is Form 1099-DA? Form 1099-DA is a new tax form specifically for digital assets like cryptocurrency and NFTs. It reports the total amount you received from selling or disposing of crypto, stablecoins, or NFTs through a U.S. broker. Who receives Form 1099-DA? You may receive Form 1099-DA if you sold or disposed of digital assets through a U.S.-based broker in 2025. Not all transactions generate a form, especially peer-to-peer or certain foreign activities. Does Form 1099-DA show my profit? No. The form generally reports gross proceeds. You’re still responsible for calculating your gain or loss by type based on your cost basis and how long you held the asset. What happens if my numbers don’t match the 1099-DA? If there’s a mismatch between your records and the broker’s form, it’s important to reconcile the difference before filing. Accurate reporting helps avoid processing delays and follow-up questions later. Previous Post Need Financial Help for School? TurboTax Launches 2nd Year of… Next Post TurboTax Launching Friends with Tax Benefits Podcast Your refund is waiting Get started Written by Dawn Allcot Dawn Allcot has more than 20 years of experience as a personal finance writer covering taxes, credit, budgeting, and retirement for Intuit and other brands. She simplifies complex tax topics for individuals and small business owners at TurboTax, as well as GOBankingRates, Solvable, TheStreet, NiftyFifty+, and other top personal finance websites. More from Dawn Allcot Browse Related Articles Crypto Understanding Crypto and Capital Gains Life TurboTax is Ready To Help Filers For Tax Year 2022 Tax News IRS Provides Further Guidance on the Taxation of Virtual Currency Self-Employed My 1099-K Was Double What I Actually Earned. Here’s a 3-Step Plan Crypto My Crypto Wallets Are a Mess. Here’s How I Generated My Tax Report Tax Forms What is a 1099-K Form? 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