Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    1099 DA

    Z23
    Level 2

    Client sent 1099 DA forms ,Coinbase numbers are evidently inflated, including proceeds and losses

    Question is how do you report it?IRS sees the same 1099 DA from Coinbase and sends letters if it does not match 

    please advise thank you

     

    0 Cheers
    1 Comment 1
    sjrcpa
    Level 15

    "Coinbase numbers are evidently inflated"

    What do you mean by that? Are you saying the Coinbase numbers are wrong on a 1099-DA? 


    The more I know the more I don’t know.