FixMyCryptoTax 1099-DA reconciler

Exchange guide · Binance.US

Binance.US 1099-DA (2026): What It Reports, How to Download It, How to Reconcile

Binance.US sends Form 1099-DA if you sold, exchanged or spent crypto, with no minimum amount. How to download it, why history exports are capped at 12 months, why the form won't match your history, and how to fill in Form 8949.

By John Calloway Updated Sources checked Not tax advice

Your Binance.US 1099-DA in 5 steps

  1. 01

    Download the 1099-DA: hover over your email (web), Export Reports, Tax Reports, choose the year and form type. The web gives CSV as well as PDF.

  2. 02

    Export your full history in 12-month slices (the custom range limit), with Transaction Type set to All.

  3. 03

    Export the history of any exchange or wallet you deposited coins from. That is where their basis lives.

  4. 04

    Expect the 1099-DA and your history not to match line for line: they cover different activity.

  5. 05

    Sort each sale into Form 8949 box G, H, J or K and enter your own basis wherever the form shows none.

The form, box by box

What each box on Form 1099-DA means in plain English. The highlighted boxes are the ones that decide how you fill in Form 8949.

Filer's name, address, TIN Recipient's name, address, TIN Account number
Form 1099-DA Digital Asset Proceeds From Broker Transactions Applicable checkbox on Form 8949G · H · J · K · Y
1a Code for digital asset
1b Name of digital asset
1c Number of units
1d Date acquired
1e Date sold or disposed
1f Proceeds
1g Cost or other basis blank?
1h Accrued market discount
1i Wash sale loss disallowed
2 Check if basis reported to IRS
3a Gross or net proceeds reported
3b Check if proceeds from a QOF
4 Federal income tax withheld
5 Check if loss is not allowed
6 Gain or loss: short-term, long-term, ordinary
7 Check if only cash proceeds
8 Check if broker relied on customer-provided acquisition info
9 Check if noncovered security
10 Reserved
11a-c Optional reporting method (stablecoins, NFTs)
12a Number of units transferred in
12b Transfer-in date
13 Reserved
14-16 State information
Schematic, not the official form: box titles from the IRS Instructions for Form 1099-DA (rev. Apr 30, 2026), checked Oct 1, 2026. The real form is laid out differently and has copies for the IRS, you and the broker.

  1. Box 1b, 1c What was sold

    The coin and the number of units, to 18 decimal places. One row per sale (or per aggregated group under the optional methods).

  2. Box 1d, 1e When you bought and sold

    Box 1d can be blank: the broker leaves it empty when the units were bought on several dates, or for a noncovered sale where it doesn't know the date. Your holding period comes from your own records then.

  3. Box 1f Proceeds

    Gross proceeds, already reduced by the transaction costs of the sale. This is what goes in Form 8949 column (d).

  4. Box 1g Cost basis: the box that is often blank

    The broker may leave it blank when box 9 is checked. Blank means not reported, not $0. You enter your correct basis in Form 8949 column (e).

  5. Box 2 Basis reported to the IRS?

    Checked: the IRS has the broker's basis, so the row goes in Form 8949 box G or J. Unchecked: box H or K.

  6. Box 6 Short-term or long-term

    One year or less is short-term. If the broker can't tell, the "Applicable checkbox on Form 8949" field shows code Y and you decide from your purchase date.

  7. Box 8 Your own numbers

    Checked when the broker used acquisition details you gave it, such as basis you added for coins you transferred in.

  8. Box 9 Noncovered

    Coins bought before 2026, or bought elsewhere and transferred in. For these the broker doesn't have to report basis.

  9. Box 11a-c Aggregated rows

    Qualifying stablecoins and specified NFTs can be reported as yearly totals. If your total is $10,000 or less (stablecoins) or $600 or less (NFTs), the broker doesn't have to report them at all.

  10. Box 12a, 12b Transferred in

    How many of the units sold had been transferred into the account, and when. A filled 12b is a strong hint that the basis lives in another exchange's export.

On Binance.US's form, the rows to check first are the ones with box 9 checked and box 1g empty.

Covered vs noncovered on Binance.US

Covered basis reported

  • IRS rule from 2026: crypto acquired after 2025 in a Binance.US account and held there until sale. Binance.US has not published its basis reporting details.

Noncovered basis may be blank

  • Crypto deposited from another exchange or wallet (IRS definition of a covered security).
  • Crypto bought before 2026.
  • Sales in 2025: required basis reporting starts with sales after 2025 (IRS).

Sources: IRS, Instructions for Form 1099-DA; Binance.US Support, 1099 Tax Forms FAQ.

Get your Binance.US files

  1. Hover over your name (top right)
  2. Export Reports
  3. Fill in asset, Transaction Type: All, date range, CSV
  4. Generate Report

Custom date ranges "must not exceed a 12-month period," a report can take up to 24 hours, and there is a limit of 10 custom reports per account per month. On mobile: Profile, Reports, Custom Reports.

Source: Binance.US Support, How to download your transaction history or tax report.

Missing basis on Binance.US

Binance.US's help pages (checked Oct 1, 2026) describe no way to add cost basis for deposited coins. Use the other platform's purchase records and enter the correct basis in Form 8949 column (e).

Source: IRS, Instructions for Form 8949.

Reconciler · Kraken + Coinbase

Coins came to Binance.US from Kraken or Coinbase?

The reconciler doesn't read Binance.US files yet. If your coins started on Kraken or Coinbase, their exports hold the purchase records: the reconciler finds the original cost for each lot so you can enter it on Form 8949.

Open the reconciler Try the sample first

The full guide

Not tax advice. This page summarizes IRS instructions and Binance.US’s own help pages as of October 1, 2026. Binance.US may change its process before forms go out. Check with a tax professional for your situation.

Short version: Binance.US sends a Form 1099-DA if you sold, exchanged or spent digital assets, whatever the amount, and a 1099-MISC for staking or referral income above the threshold. Brokers send Form 1099-DA “to you and the IRS” (IRS). The practical traps on Binance.US are the export limits: history reports can’t span more than 12 months, so getting your full record (and the basis it holds) takes a few exports.

What Binance.US sends you

From Binance.US: 1099 Tax Forms FAQ:

FormWhenNotes
1099-DAYou sold, exchanged or spent digital assets“There is no minimum dollar threshold for 1099-DA. Any qualifying transaction may trigger issuance.”
1099-MISC$600 or more from eligible income such as staking or referral rewards“For the 2026 tax filing year and beyond, the reporting threshold increases to $2,000”
1099-KNot issuedBinance.US decided “not to issue Forms 1099-K for customers on the exchange for the tax year 2021 and beyond” (Binance.US)

Forms are typically available before mid-February. If you only bought and held, you won’t get a 1099-DA (Binance.US blog).

Download the 1099-DA

From Binance.US: How to download tax forms and the FAQ above:

  • Web: log in, hover over your email in the top-right corner, select Export Reports, then Tax Reports, choose the year and the form type (1099-MISC or 1099-DA). The web lets you choose PDF or CSV.
  • Mobile: Profile icon > Reports > Tax Reports > year and form type. The app gives PDF only.

Binance.US mentions “a download limit of 6 tax reports per month,” so don’t regenerate the same form repeatedly.

Export your full history (12 months at a time)

The 1099-DA shows proceeds. The basis for each sale is in your buy history, which you export as custom reports (Binance.US: How to download your transaction history):

  1. Web: hover over your name, top right, and click Export Reports. Mobile: Profile > Reports > Custom Reports.
  2. Set Transaction Type to All. Binance.US says that’s how to make sure every transaction appears; the types include Spot Trading, Buy/Sell/Convert, Deposits & Withdraw, Distributions (airdrops and staking rewards), OTC and Pay.
  3. Pick a date range and CSV, then generate.

The limits: custom date ranges “must not exceed a 12-month period,” a report “may take up to 24 hours to generate,” and you can make “a maximum of 10 custom reports per account per month.” If you’ve used Binance.US for several years, plan one export per year and spread them out. FIFO needs your oldest buys, so start from your first year, not this one.

Why the 1099-DA won’t match your history

Binance.US explains that the 1099-DA “reflects qualifying digital asset dispositions,” while transaction history reports “include broader trading activity,” such as deposits and withdrawals. To compare them, use the same date range and the same transaction categories (Binance.US FAQ).

Stablecoins can also explain a gap. Under the IRS optional method, a broker doesn’t have to report designated sales of qualifying stablecoins if your total from them is $10,000 or less for the year (IRS, Instructions for Form 1099-DA). You still report them.

Where cost basis can be blank

Binance.US’s help pages (checked Oct 1, 2026) don’t say how it reports cost basis on the 1099-DA, and describe no way to enter basis for coins you deposited. The IRS rule decides it: from sales after 2025, brokers report basis for covered digital assets, acquired after 2025 in the broker’s custodial account and held there until the sale (IRS i1099da). Coins bought before 2026, or deposited from another exchange or wallet, are noncovered, and the broker isn’t required to report their basis. The record of what you paid for deposited coins is in the export from the place you bought them.

Filling in Form 8949

Form 8949 has digital-asset boxes (IRS, Instructions for Form 8949):

Your 1099-DA rowHeld 1 year or lessHeld more than 1 yearColumn (e), basis
Basis reported to the IRSGJThe basis shown. Corrections go in (g) with code B
Basis not reported (noncovered)HKYour correct basis
No 1099-DA for the saleILYour correct basis

Column (d) is the proceeds on the form, net of transaction costs (IRS i1099da, box 1f). For a sale reported without basis, enter “the correct basis of the property in column (e)” (IRS i8949). Running a bot or trading often? Every crypto-to-crypto fill is a disposal; see crypto trading bot taxes. For one coin at a time, the free cost basis calculator compares FIFO, LIFO and HIFO.

Sources (checked 2026-10-01)

Common mistakes

  1. Exporting one long date range

    Binance.US caps custom history reports at 12 months and 10 reports a month. Plan the yearly exports so FIFO has your oldest buys. (Binance.US Support, transaction history)

  2. Exporting only some transaction types

    If a report is missing transactions, Binance.US says to make sure the transaction type is set to All. (Binance.US Support, transaction history)

  3. Expecting the 1099-DA to match your history

    Binance.US says the 1099-DA "reflects qualifying digital asset dispositions" while history reports include broader activity, so totals may not match. (Binance.US Support, 1099 Tax Forms FAQ)

  4. Skipping small sales

    There is no minimum dollar amount for the 1099-DA, and you must report gains and losses whether or not a form arrives. (IRS, Understanding your Form 1099-DA)

Questions people ask

Does Binance.US report to the IRS?

Yes. Binance.US issues Form 1099-DA if you sold, exchanged or spent digital assets, and Form 1099-MISC for eligible income such as staking or referral rewards. Brokers report 1099-DA proceeds "to you and the IRS."

Source: IRS, Understanding your Form 1099-DA

Is there a minimum amount for the Binance.US 1099-DA?

No. "There is no minimum dollar threshold for 1099-DA. Any qualifying transaction may trigger issuance."

Source: Binance.US Support, 1099 Tax Forms FAQ

When is the 1099-MISC issued?

For $600 or more from eligible income such as staking or referral rewards. Binance.US says the threshold rises to $2,000 for the 2026 tax year.

Source: Binance.US Support, 1099 Tax Forms FAQ

How do I download my Binance.US 1099-DA?

On the web, hover over your email, select Export Reports, then Tax Reports, the year and the form type. On mobile: Profile icon, Reports, Tax Reports. Forms are typically available before mid-February.

Source: Binance.US Support, 1099 Tax Forms FAQ

Why doesn't my 1099-DA match my Binance.US history?

They cover different things: the 1099-DA reflects qualifying dispositions, while transaction history includes deposits, withdrawals and other activity. Compare the same date range and the same transaction categories.

Source: Binance.US Support, 1099 Tax Forms FAQ

Does Binance.US still issue Form 1099-K?

No. Binance.US says it decided not to issue Forms 1099-K for the tax year 2021 and beyond.

Source: Binance.US Support, transaction history

What makes a coin "covered"?

For Form 1099-DA, a covered digital asset is one acquired after 2025 in an account where the broker provided custody. Coins bought before 2026, or bought elsewhere and transferred in, are noncovered, and the broker may leave their basis blank (box 9 checked).

Source: IRS, Instructions for Form 1099-DA (2026)

Box 1g (cost basis) is blank. Do I report $0?

No. A blank box 1g means the broker did not report basis, not that your basis is zero. For a noncovered sale with no basis shown, the Form 8949 instructions say to enter the correct basis of the property in column (e). Keep the purchase records that support it.

Source: IRS, Instructions for Form 8949

Which Form 8949 box do I use?

Digital assets use boxes G to L. Basis reported to the IRS: G (held one year or less) or J (more than one year). Basis not reported: H or K. No 1099-DA at all: I or L. The 1099-DA has an "Applicable checkbox on Form 8949" field with the letter the broker expects; code Y means the broker could not tell short-term from long-term, so you decide from your own purchase date.

Source: IRS, Instructions for Form 1099-DA (2026)

Fix it before you file

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Not tax advice; check with a tax professional for your situation.