Stay Ahead of 1099-DA Rules
IRS-Aligned Tax Logic
Taxbit's platform is built in partnership with the IRS and integrates directly with the finalized 1099-DA structure.
Scalable to Millions of Transactions
Supports high-volume transaction environments across multiple asset types and wallets.
Automated Accuracy
From cost basis tracking to form generation and delivery, Taxbit reduces human error and speeds up compliance.
Complete 1099-DA Support for Enterprises
Cost Basis Calculation Engine
Real-time tracking across wallet transfers and asset classes.
IRS Schema Mapping
Automatically maps data fields to the latest 1099-DA XML format.
Form Generation & Distribution
Generate, review, and distribute forms to users and the IRS.
Reconciliation Dashboard
Spot-check and reconcile anomalies before submission.
Reporting & Audit Trail
Secure, transparent record keeping.Enterprise-Grade Support
Dedicated teams and SLAs for high-volume clients.Who Needs 1099-DA Compliance?
Use Case #1: Crypto Exchanges
Meet Your Filing Obligations
Ensure full compliance with IRS 1099-DA requirements by automating form generation, reconciliation, and audit readiness.
- Automated form generation
- Real-time cost basis tracking
- Filing-ready formats
Use Case #2: Wallet Providers
Report Across Asset Flows
Capture and report user activity across wallets, transfers, and DeFi.
- Flow tracking
- Cost basis adjustments
- Form-ready formatting
Use Case #3: Fintech Platforms
Turn Risk into Opportunity
Enhance customer trust and regulatory positioning by offering compliant tax reporting.
- Branded tax form delivery
- White-labeled integration
- Secure data retention
