IRS Form 1099-B is used to report the proceeds from the sale of securities, commodities, futures, options, and other financial instruments. Specifically, Form 1099-B provides details about these transactions, such as date acquired, date sold, proceeds amounts, and cost basis, to help calculate capital gains or losses on an income tax return.
In contrast, proceeds from the sale/exchange of crypto are reportable on Form 1099-DA.
For more information on Form 1099-B, see the IRS website for Form 1099-B.
View and/or download your IRS forms in the Documents section of the Coinbase Tax Center. Coinbase will provide Form 1099-B for tax year 2025 in early 2026.
US customers may receive a Form 1099–B from Coinbase if, during the calendar year, they:
Sold equities, futures/perpetuals, or OTC options (Institutional users only)
Coinbase and/or affiliates do not provide tax advice. Consult a tax professional for specific questions regarding the tax treatment of transactions.