Short answer: Yes—Crypto.com reports certain 1099s to the IRS

If you used Crypto.com in 2025 and sold or exchanged digital assets, expect tax documents—and expect the IRS to get a copy. Under finalized IRS broker-reporting rules, exchanges classified as “brokers” must file the new Form 1099‑DA for applicable 2025 digital-asset transactions and furnish the same information to customers. Crypto.com’s own guidance says it sends eligible U.S. users 1099 forms and provides a copy to the IRS.

Which forms apply, and when do they arrive?

Form 1099‑DA (Digital Asset Proceeds): Reports gross proceeds from sales or exchanges of crypto/NFTs handled by a broker. For the 2025 tax year, brokers must furnish statements to customers by mid‑February 2026; the IRS notes most 2025 1099‑DAs won’t include cost basis, so you’ll still calculate gains/losses yourself.
Form 1099‑MISC: Historically issued when rewards/bonuses (e.g., staking, promos) reach $600+ in a calendar year. Crypto.com says it issues 1099‑MISC by January 31 when thresholds are met.
Form 1099‑B (derivatives/contracts): If you traded certain contracts through Crypto.com, you may see a 1099‑B by around mid‑February.

Key timing for this season: the IRS says taxpayers “starting to receive their 2025 tax documents” in January 2026 may also receive a new 1099‑DA if they disposed of digital assets through a broker. It also clarifies that basis generally is not reported for 2025 on broker‑filed 1099‑DAs.

What this means for trucking businesses

For many owner‑operators and fleet managers, crypto sits alongside fuel hedging strategies, cash management, or personal investing. If you—or your business—sold, swapped, or otherwise disposed of crypto on Crypto.com in 2025, the platform is expected to furnish you a 1099‑DA and file the same data with the IRS. The new form standardizes proceeds reporting similar to equities, helping reconcile your return. But remember: for 2025, basis generally isn’t on the IRS copy, so you must maintain detailed records (trade dates, amounts, fees) to compute gains and losses accurately.

If you earned program rewards or promotional income on the platform, a 1099‑MISC may also show up—and Crypto.com indicates those copies go to the IRS as well. Keep business and personal activity separate for bookkeeping, and talk with your tax professional about where crypto gains, losses, and reward income belong on your return, especially if transactions occurred in an entity account.

How will Crypto.com send the form?

Crypto.com says you’ll receive an email when forms are ready, typically from “no‑reply@crypto.com,” with directions to download your documents. If you don’t see the message by the expected dates (around January 31 for 1099‑MISC and mid‑February for 1099‑B/1099‑DA), check your spam folder or the app’s document center, and contact support via in‑app chat if needed.

Avoid scams and mixed messages

A PDF that’s been circulating online repeats a phone number and offers little clarity about reporting; disregard unsolicited hotlines and never share sensitive data from an email link you didn’t expect. Rely on official Crypto.com channels and the IRS for instructions and deadlines. Crypto.com’s help page specifies its sender address for tax emails, and the IRS outlines key dates and what is—or isn’t—on your 1099‑DA for 2025.

Action checklist for owner‑operators

By February 17, 2026, look for your 1099‑DA if you disposed of crypto in 2025; download 1099‑MISC or 1099‑B if applicable.
Match forms to your own ledger or CSV exports; calculate gains/losses since most 2025 1099‑DAs omit basis.
Report crypto activity even if you didn’t receive a 1099; the IRS asks a digital‑asset question on every individual return.
Keep business and personal wallets distinct; discuss entity‑level reporting with your tax pro.

Bottom line: For 2025 transactions reported in early 2026, Crypto.com issues 1099s and sends the same data to the IRS. Plan ahead, verify documents from official channels, and keep rock‑solid records to avoid surprises at tax time.

Sources Consulted: IRS (About Form 1099‑DA; final regulations; Tax Tip on digital‑asset documents), Crypto.com Help Center, Fidelity Learn.

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This article was prepared exclusively for truckstopinsider.com. For professional tax advice, consult a qualified professional.