IRS proposal eases provision of 1099-DA statements by digital asset brokers
March 13, 2026
The IRS proposed regulations that would make it easier for digital asset brokers to provide 1099-DA statements to customers electronically.
Under the proposed regulations, brokers would not have to offer a paper alternative when obtaining customer consent to receive 1099-DA, Digital Asset Proceeds From Broker Transactions, statements electronically.
The proposed regulations would also not require brokers to give their customers the ability to withdraw previously provided consent.
Digital asset brokers could end their relationship with any customer who insists on paper statements, the preamble to the proposed regulations says. Read more.
