This article is hosted in the United States and is intended for and directed to customers in the United States only. Consult a tax professional for specific questions regarding the tax treatment of transactions. Customers in other locales can see Tax information for non-US customers.
US customers can use Coinbase Taxes to verify their tax information, find out which Coinbase activities are taxable, see gains, losses, and earned income, and view reports (including IRS tax forms). For specific questions regarding the tax treatment of transactions, customers are encouraged to consult with their tax professional.
Tax forms from Coinbase
Tax form | Eligibility |
Form 1099-DA | US customers with gross proceeds from sales or exchanges of crypto assets. |
Form 1099-MISC | US customers who earned at least $2,000 in crypto and miscellaneous income, including staking rewards and incentives |
Form 1099-B | US customers who sold futures, securities or other financial instruments |
Form 1099-DIV | US customers who earned more than $10 in dividends or capital gain distributions from investments |
Form 8949 | From tax year 2025 and onward, Form 8949 will no longer be available through the Coinbase Retail Tax Center. Users who wish to receive a Form 8949 can do so through crypto tax partners. |
Opt to receive tax forms via paperless delivery or physical mail by going to the Settings tab within Coinbase Taxes.
Download tax forms
Go to Coinbase Taxes.
Select Documents.
Download the necessary forms.
*If your form is not downloading, please check your browser settings to confirm that pop-up downloads are enabled.
Additional tax details
US trading fees are included in cost basis (the amount paid for an asset) and subtracted from proceeds (the amount earned from selling or trading).
Charitable contributions of crypto, stocks, or funds may be tax deductible. Consult a tax advisor.
DEX trades aren’t reported on IRS forms issued by Coinbase, as these occur on third-party, decentralized exchanges and the assets are held in a self-custodial wallet.
Token Sales purchases are not reported on a Form 1099-DA. You can find this information in your gain/loss report.
Coinbase Taxes reflect activity on Coinbase.com (including your CCM brokerage tax forms) and does not include Coinbase Pro or Coinbase Wallet activity.
Coinbase Pro was discontinued in December 2023. Transactions dated November 2023 and earlier can be accessed by visiting the Statements section of Pro and searching under the Other tab.
Token migrations: Whether a token migration is a taxable event depends on the specific facts of the migration. In general, it comes down to whether the migration results in a disposal of the old token for a new, materially different asset, or whether the new token is a direct replacement that represents the same underlying interest. Discuss with your tax professional how to report the token migration.
If backup withholding applies to your account, Coinbase withholds 24% on certain reportable transactions, as well as any applicable state backup withholding. Learn more about U.S. tax withholding on Coinbase.
Disclosures
All securities and investments are offered by Coinbase Capital Markets Corp, member FINRA/SIPC. Securities services offered by Coinbase Capital Markets Corp are separate from digital asset services provided by Coinbase Inc., and any affiliates. SIPC does not apply to digital assets or cash held in your Coinbase Inc. or affiliate account. Additional information about your broker, Coinbase Capital Markets Corp, can be found on FINRA’s BrokerCheck (https://brokercheck.finra.org). Execution, clearing and custody of all securities are provided by Apex Clearing Corporation.
Options trading involves risk. Most options contracts expire worthless, and you can lose the entire premium paid for a contract. Options also lose value over time as they approach expiration (time decay), and if you hold a short options position, you may be assigned an obligation to buy or sell the underlying stock. Before trading, review the Characteristics and Risks of Standardized Options disclosure.
For UK customers, stock trading is offered by CB Payments Ltd (CBPL), which is authorized and regulated by the Financial Conduct Authority (FRN: 1045733). CBPL is authorized to arrange access to Coinbase Capital Markets Corp and Apex Clearing Corporation for execution, clearing, and custody.
Futures products and services are offered in the U.S. by Coinbase Financial Markets, a member of NFA and is subject to NFA’s regulatory oversight and examinations. Access to the referenced financial products requires user eligibility, and may not be available in all jurisdictions. The risk of transacting in futures can be substantial and may not be suitable for everyone. Not investment advice or a recommendation to trade a particular contract or to employ a particular strategy.
Outside the U.S. (excluding India and Australia)
Outside U.S., derivatives are available only to eligible users in select jurisdictions and are offered by Coinbase Bermuda Ltd., a Class F entity licensed by the Bermuda Monetary Authority. All trading and investment strategies involve risk, including loss of capital, and may not be suitable for all. Leverage in derivatives trading can work for you or against you.
India
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
Coinbase India Private Limited is registered with FIU-IND to provide virtual digital asset services.
Australia
In Australia, derivatives trading is offered by Coinbase Australia Pty Ltd ACN 654 922 442 ("Coinbase Australia"). Any advice provided is general in nature and has been prepared without taking into account your objectives, financial situation or needs. You should consider the appropriateness of the advice having regard to your own circumstances. Derivatives Trading is high risk and you may lose your entire balance. Before making any decisions about whether to use a product, you should read the applicable Product Disclosure Statement, Financial Services Guide and Target Market Determination.
Coinbase Australia is licensed and regulated by the Australian Securities and Investments Commission ("ASIC"), AFSL No. 569752. Coinbase is also registered and enrolled with the Australian Transaction Reports and Analysis Centre ("AUSTRAC") as a virtual asset service provider and a remittance service provider.
This article is for informational purposes only and does not constitute the provision of investment advice. The customer assumes full responsibility for its trading activity and should consult its advisors for its specific situation. This material is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. The information is believed to be current as of the date indicated and may not be updated or otherwise revised to reflect information that subsequently became available or a change in circumstances after the date of publication. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. Recipients should consult their advisors before making any investment decision.
"Funds" in this article is a generic term and may refer to exchange traded funds (ETFs) and/or mutual funds. Securities products are subject to availability and may change at CCM's discretion. See the most up-to-date information on CCM's product offerings.