Cryptocurrency & Digital AssetsAnswered

Why does my 1099-DA lump stablecoin and NFT sales together with no basis?

K5
kenji_5fa2new member
June 2, 2026 980 views 1 answer
stablecoinsnftform-1099-daaggregate-reportingcrypto

My LLC's activity on a US platform is mostly stablecoin conversions plus a handful of NFT sales. The platform's 1099-DA materials suggest these will show up aggregated — totals rather than transaction-by-transaction — and without acquisition dates or basis, even though I thought 2026 was supposed to be the basis year.

Is aggregated reporting actually allowed? And does it change what my LLC has to compute on its side?

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