Best Tax Software for Form 1099-DA in 2026

Quick Answer: What's the best crypto tax software for Form 1099-DA?

CoinLedger is the best crypto tax software for investors who've received Form 1099-DA. It automatically imports your transactions, detects missing cost basis, and generates IRS-ready forms in minutes. 

Koinly is a strong option for international filers, but many US-based investors switch to CoinLedger for better cost basis reconciliation, more responsive support, and less manual work. 

Top 5 Crypto Tax Software for Form 1099-DA

1. CoinLedger: Best Overall

CoinLedger is the most comprehensive crypto tax software and portfolio tracker on the market, designed specifically for crypto investors looking to take the stress out of tax season. It automatically imports transactions from 600+ wallets and exchanges, fills in missing cost basis, and generates complete tax forms like Form 8949 in minutes.

Prices: Free to start, $49–$199 for tax reports

Pros:

• Automatically identifies and fills in missing cost basis from Form 1099-DA
• Supports 600+ wallets and exchanges for complete cross-platform tracking
• Clean, intuitive interface that's easy for beginners
• Affordable plans starting at just $49 for up to 100 transactions
• Supports complex scenarios like DeFi, NFTs, staking, and margin trading
• Generates IRS-ready forms (Form 8949, Schedule D, and more)
• Excellent customer support with live chat available to all users

Cons:

• Does not accept crypto as payment
• No mobile app

2. Koinly

Koinly is a popular crypto tax platform available in more than 20 countries. While it can be a good choice for international investors, users have reported issues with how Koinly classifies transactions. 

Prices: Free to track, $49–$199 for tax reports

Pros:

• Supports tax reporting in 100+ countries
• Connects to 800+ exchanges, wallets, and blockchains
• Clean interface with solid DeFi and NFT support
• Integrates with TurboTax and TaxAct

Cons:

• Some Koinly blockchain integrations are rushed to market, and do not work as promised 
• Some users report that transactions are often mislabeled and require a manual fix 
• Help center resources are limited compared to other platforms

3. ZenLedger

ZenLedger supports 400+ exchanges and DeFi protocols and is used by more than 100,000 crypto investors in the US. 

However, it's one of the more expensive options for high-volume traders, and users have noted the interface has a steeper learning curve than platforms like CoinLedger. 

Prices: Free plan available, $49–$399 for paid plans

Pros:

• Supports 400+ exchanges and wallets, including strong DeFi coverage
• Integrates directly with TurboTax and TaxAct for easy filing
• Offers an all-in-one tax preparation and e-filing experience 
• 10% discount when purchasing multiple years upfront

Cons:

• One of the most expensive platforms for traders with thousands of transactions ($275 for a 60-minute consultation) 
• Interface can overwhelm beginners and has a steeper learning curve than competitors
• Advanced DeFi and staking support is locked behind higher-tier plans

4. CoinTracker

CoinTracker is a well-known crypto tax platform with strong real-time portfolio tracking and support for over 10,000 cryptocurrencies. CoinTracker is pricier than CoinLedger and other competing platforms, with full functionality only available at $599 a year. 

Prices: Free plan available, $59–$599 per year

Pros:

• Supports 10,000+ cryptocurrencies
• Real-time portfolio tracking with gains and losses overview
• Multi-country support including US, UK, and Canada
• Integrates with major tax filing platforms

Cons:

• Less competitive pricing at higher transaction tiers
• Customer support has received mixed reviews from users

5. TokenTax

TokenTax is a crypto tax software and full-service accounting firm. Customers have criticized the platform for focusing more on its premium services than its DIY software for investors. 

Prices: $49–$3,499 per year

Pros:

• In-house accounting team available on premium plans
• Full-service option where an expert files your taxes for you
• Supports DeFi and NFT transactions on higher plans

Cons:

• No free plan. Pricing starts at $49 and escalates quickly 
• Very expensive for active traders, advanced plans can cost thousands

What is Form 1099-DA?

Form 1099-DA is a tax form issued by cryptocurrency exchanges to report digital asset sales and exchanges to the IRS. 

Here’s what investors need to know about the form:

• A copy of Form 1099-DA is sent to both you and the IRS, so the agency already knows about your transactions.
• There is no minimum threshold for receiving the form. You may receive a 1099-DA for less than $1 in proceeds.
• For the 2025 tax year, exchanges are only required to report your gross proceeds, not your cost basis (more on what this means below).
• Stablecoin transactions above $10,000 in gross proceeds and NFT sales above $600 will be reported on the form.
• Decentralized exchanges are not required to issue Form 1099-DA. 

Why is my cost basis missing from Form 1099-DA?

Cost basis is what you originally paid for your cryptocurrency. Without it, you can't calculate your actual gain or loss.

For the 2025 tax year, crypto exchanges are not required to report cost basis on Form 1099-DA, only your gross proceeds. 

As a result, your capital gains may appear overstated on the form. 

In this example, Exchange B has no record of your original transaction. As a result, it will likely report $3,500 in proceeds with no cost basis, making it appear that you have $3,500 in capital gain. 

Luckily, there’s an easy fix for this issue. If your Form 1099-DA shows zero or unknown cost basis, you are responsible for providing your own cost basis when you file on Form 8949.

Crypto tax software can automatically track and fill in this missing cost basis across all your accounts, so you only pay what you actually owe.

Why do I need crypto tax software for Form 1099-DA? 

Here are the most common reasons why taxpayers look for crypto tax software for Form 1099-DA: 

• Cost basis gaps: Your 1099-DA has incomplete data on cost basis. Crypto tax software can help you find cost basis across all wallets and exchanges so that you’re not overpaying on taxes. 
• DeFi and NFT gaps: Decentralized exchanges aren't required to issue Form 1099-DA. If you use DeFi, those transactions won't appear on your form at all, but you're still legally required to report them.
• Incorrect form: While it’s rare, it’s possible that Form 1099-DA may have totally inaccurate information on your proceeds. In cases like these, you should request a corrected form, and use crypto tax software to accurately report your gains and losses. 

Crypto tax software connects all your accounts, fills in missing cost basis, and generates accurate IRS-ready tax forms so you're not overpaying or underreporting.

What should I look for in a crypto tax software? 

Cost basis tracking and 1099-DA reconciliation

Your software needs to fill in the missing cost basis from your Form 1099-DA. Look for platforms that match transfers across exchanges automatically to avoid phantom gains.

Multi-platform integration

Your software should connect to every exchange, wallet, and DeFi protocol you use. Remember, you’ll need a complete transaction history to report your taxes accurately. 

Transaction volume support

Check how many transactions each pricing tier supports. If you're an active trader with thousands of transactions, you’ll want to find an affordable option. CoinLedger offers up to 3,000 transactions for $199, while some competitors charge significantly more for the same volume.

Form generation and filing options

Your software should generate Form 8949, Schedule D, and comprehensive income reports. In addition, you should be able to export your tax forms to TurboTax or H&R Block, or send them directly to your accountant. 

Customer support and accuracy guarantees

Look for platforms with responsive support, ideally live chat or email with quick turnaround. Some platforms require you to pay to receive support. Meanwhile, CoinLedger offers support for all customers. 

Get started with CoinLedger today

Filing crypto taxes after receiving Form 1099-DA doesn't have to be stressful. With the right software, you can import all your transactions, fill in missing cost basis, and generate IRS-ready forms in minutes instead of hours.

CoinLedger stands out as the best overall choice for investors navigating Form 1099-DA because it combines powerful error reconciliation with ease of use. Whether you're a beginner with a simple portfolio or an active trader with complex DeFi positions, CoinLedger handles everything accurately and efficiently.

CoinLedger is trusted by 700,000 investors around the globe.

Get started with a free account today.