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When does Cash App send a 1099?
Cash App says it provides Form 1099-DA by February 15 of the year after a Bitcoin sale or a Lightning payment to a Square merchant.
Typical release
Verified By February 15 of the following year
Corrected forms
Unverified Unverified. We did not find a typical correction window on an official page.
Forms
1099-DA Verified
Cash App says a 2025 Bitcoin sale, or a Lightning payment to a Square merchant from a Bitcoin balance, produces Form 1099-DA. Peer-to-peer Bitcoin transfers are not included. Cost basis is not reported to the IRS for 2025 sales. Cash App says it issues a separate 1099-DA for every 2025 Bitcoin sale. Before tax year 2025 it issued Form 1099-B.
Tax software import
Verified means the broker or the software vendor says this firm’s forms can be imported. Unverified means we did not confirm it. This list is not a recommendation, and it does not cover wash-sale or cross-account reconciliation.
| Software | Status | What the source says |
|---|---|---|
| TurboTax | Unverified | No official import statement found. |
| FreeTaxUSA | Unverified | No official import statement found. |
| H&R Block | Unverified | No official import statement found. |
| TaxAct | Unverified | No official import statement found. |
| Koinly | Unverified | No official import statement found. |
| CoinLedger | Unverified | No official import statement found. |
Tax software sites
These links open each company’s own website. A listed name is not a recommendation, and TaxFormWatch does not review wash-sale or cross-account reconciliation features.
Questions people ask
When does Cash App send Form 1099-DA?
Cash App says it provides Form 1099-DA by February 15 of the year after you sell Bitcoin or make a Lightning payment to a Square merchant with a Bitcoin balance.
Does Cash App report peer-to-peer Bitcoin transfers?
Cash App says the 1099-DA does not include peer-to-peer Bitcoin transactions, including transfers with other Cash App users or an external wallet.
Which tax software imports a Cash App 1099-DA?
Unverified. The Bitcoin tax help page does not name an import partner.
Sources
- Cash App Bitcoin and taxes (Cash App)