United States: crypto-card tax records

Review and sources

Reviewed 2026-10-07 by CryptoLV Editorial. Next review: 2026-11-07.

• IRS: 2025 Instructions for Form 1040 — digital assets opens in a new tab

  Supports: For 2025 returns, the digital-asset question and reporting instructions for capital-asset dispositions through sale, trade, exchange, payment, or other transfer, including Form 8949 and Schedule D.

• IRS: 2025 Instructions for Form 8949 — digital assets opens in a new tab

  Supports: Digital assets are property for federal income-tax purposes; the instructions cover digital-asset reporting boxes and the asset name, units, and transaction ID fields.

• IRS: Frequently asked questions on digital asset transactions opens in a new tab

  Supports: Questions 62 and 63 explain that paying for services with digital assets is a disposition and how to calculate and report the amount in U.S. dollars; Questions 108 and 109 address reporting and Form 8949/Schedule D.

• IRS: Reminders for taxpayers about digital assets opens in a new tab

  Supports: For 2025 transactions, most Form 1099-DA statements will not include basis, and taxpayers must report related income, gains, or losses whether or not they receive a Form 1099-DA.

• IRS: About Form 1099-DA opens in a new tab

  Supports: Form 1099-DA reports digital-asset proceeds from broker transactions.