Form 1099-DA Use Cases
Specific Use Cases
- Received Only Cash Proceeds
- Customer Provided Acquisition Information
- Qualifying Stablecoins - Reporting Aggregate Not Detail
- Specified Non-Fungible Tokens (NFT) - Reporting Aggregate Not Detail
- Transaction Involving Qualified Opportunity Fund
- Reportable Change in Control or Capital Structure
- Noncovered Security - Basis Reported to IRS
- Noncovered Security - Basis NOT Reported to IRS
Examples for Each Use Case
Received Only Cash Proceeds
"Cash" is shown in the Type column.
Customer Provided Acquisition Information
"CP" is shown below the cost amount.
Qualifying Stablecoins - Reporting Aggregate Not Detail
"QS" is shown in the Box 11b column.
Specified Non-Fungible Tokens (NFT) - Reporting Aggregate Not Detail
"NFT" is shown in the Box 11b column.
Transaction Involving Qualified Opportunity Fund
"QOF" is shown in the second row of the Type column.
Reportable Change in Control or Capital Structure
If loss from "Reportable Change in Control or Capital Structure", "LNA" (loss not allowed) is shown in the second row of the Gain or Loss column
Noncovered Security - Basis Reported to IRS
Filer is not required to report basis to IRS but elects to do so.
Noncovered Security - Basis NOT Reported to IRS
Filer is not required to report basis to IRS and does not do so but reports basis to taxpayer.
