Information reporting for the 1099 series, 1042-S, CARF, DAC8 and CRS 2.0, all from one platform.

Taxbit generates the 1099 series, 1042-S and 1099-DA and e-files them after your approval. It generates CARF, DAC8, CRS 2.0 and MRDP reports in each jurisdiction's format, across 70+ reporting jurisdictions.

Nothing handed back

Every form is generated, validated, filed, and delivered from one system of record.

One set of source data

Self-certifications and W-8s collected at onboarding decide who is reportable, so international filings run off the same records as US ones.

Format changes are configuration

When a jurisdiction revises its schema late in the year, Taxbit updates configuration and keeps filing.

US reporting and international reporting.

Deciding who is reportable is the first half, our eligibility engine helps make that call. Then come the filings: US information reporting, and international reporting under AEOI, the automatic exchange of information between tax authorities.

US Information Reporting

The full 1099 series, Form 1042-S, Form 1042, and gain and loss statements, filed with the IRS and the states, with recipient copies delivered to your customers. Corrections and B-Notices are worked in the same system after filing.

AEOI Reporting

CARF, DAC8 and CRS 2.0 cover each customer's crypto and account activity: purchases, sales, transfers and holdings, filed in each authority's XML format.

MRDP Reporting

MRDP covers platforms that pay sellers. DAC7 is the EU's version and SERR is Australia's. Taxbit identifies reportable sellers, generates the report in each country's format for your team to submit, and delivers sellers their copies.

Zero Hash delivered 65k+ forms 100% on time, with a 95.4% TIN match rate.

"Taxbit's shared commitment to building trusted infrastructure, combined with their deep tax expertise… gives us confidence that jointly we will deliver for our customers and regulators."

Edward Woodford · CEO & Founder, Zero Hash

Information reporting and withholding, answered

What are information reporting and withholding solutions?

Information reporting means a payer reports the payments it makes so tax authorities can cross-check what payees declare. Withholding means the payer holds back tax at the time of payment, for example backup withholding when a payee's documentation fails, or withholding on payments to foreign persons. Taxbit runs both from one record: W-9 and W-8 collection, TIN matching, filing generation, e-filing and backup withholding.

Which APIs can transmit digital asset tax reports in required formats?

Taxbit accepts customer and transaction data by API, SDK or file. It e-files IRS and state returns after your approval, generates jurisdictional XML for CARF, DAC8 and CRS 2.0 in each authority's schema, and returns finished tax documents through the Customer Experience APIs.

How can a company automate 1042-S reporting at scale?

Taxbit generates 1042-S filings from the same source data as your 1099s. It reads each payee's W-8 documentation, works out which payments are reportable, produces the 1042-S in IRS format, and e-files it after your approval. Every corrected version is stored for audit. Withholding runs on the same record.

Information reporting for the 1099 series, 1042-S, CARF, DAC8 and CRS 2.0, all from one platform.

US reporting and international reporting.

Zero Hash delivered 65k+ forms 100% on time, with a 95.4% TIN match rate.

Information reporting and withholding, answered

See information reporting run on your own data.