Understanding the New 1099-DA: Compliance Challenges Ahead
March 3, 2026The introduction of the IRS’ new Form 1099-DA, Digital Asset Proceeds From Broker Transactions (1099-DA), marks a significant shift in how digital asset transactions are reported, creating new challenges for taxpayers and advisors alike. In this webinar, we’ll break down 1099-DA reporting, where reporting gaps and inconsistencies are likely to arise, and why taxpayers may face increased risk. We’ll explore common pain points, such as cost basis accuracy and mismatches between taxpayer records and broker reporting. Attendees will walk away with a practical understanding of the 1099-DA landscape and learn strategies for preparing for potential compliance issues ahead.
Learning Objectives
Upon completion of this program, participants will be able to:
- Describe what the new 1099-DA covers and what it doesn’t.
- Identify common data gaps and reporting mismatches.
- Discuss preparation steps taxpayers can take now.
CPE Information
1.00 CPE Credit(s) (pending approval)
One CPE credit (pending approval) in the Taxes field of study may be awarded upon verification of participant attendance during live broadcast.
Who’s This For
Taxpayers with digital asset holdings and activity and custodial digital asset brokers.
Prerequisites
None
Delivery Method
Group internet-based. Each attendee must be logged in and answer the poll questions to receive CPE credit.
Refund Policy
There is no fee associated with this event.
Program Level
Overview
Recommended Field of Study
Taxes
Advanced Preparation
None
If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at [email protected].
Forvis Mazars, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Presenter(s)
Nik Fahrer, Shehan Chandrasekera, Annette Nellen