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    <title>topic 1099-DA Form : How to enter stablecoins (optional aggregate reporting method)? in Get your taxes done using TurboTax</title>
    <link>https://ttlc.intuit.com/community/taxes/discussion/1099-da-form-how-to-enter-stablecoins-optional-aggregate-reporting-method/01/3792491#M1410527</link>
    <description>&lt;P&gt;My 1099-DA form has a section for stable coins. It only lists aggregate proceeds. How do I account for this in TurboTax?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;This is what the form says:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;"The table below summarizes any capital gain/loss on the disposal of digital assets being reported using the optional aggregate reporting method . This includes designated dispositions of qualified stablecoin, as well as the sale of Non-Fungible Tokens (NFTs), whose proceeds meet the reporting threshold. The information on this form is reported to the IRS. This label is a substitute for Box 11a of the Form 1099-DA."&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Here's a picture:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="48oPcNI" style="width: 999px;"&gt;&lt;img src="https://ttlc.intuit.com/community/image/serverpage/image-id/53325i526D0F8EBD285CD1/image-size/large?v=v2&amp;amp;px=999" role="button" title="48oPcNI" alt="48oPcNI" /&gt;&lt;/span&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;STRONG&gt;How do I enter this into TurboTax? I know my total cost basis, so I'm not concerned about that being missing (I'll add it wherever needed), I just don't know where this goes. I don't see any options for stablecoins underneath the "Sales section" when going through the step-by-step for the 1099-DA.&lt;/STRONG&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;The only options I see are:&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="7GNBuUT" style="width: 778px;"&gt;&lt;img src="https://ttlc.intuit.com/community/image/serverpage/image-id/53327i34BBDAB31461F5ED/image-size/large?v=v2&amp;amp;px=999" role="button" title="7GNBuUT" alt="7GNBuUT" /&gt;&lt;/span&gt;&lt;/P&gt;</description>
    <pubDate>Sat, 21 Feb 2026 17:10:44 GMT</pubDate>
    <dc:creator>jtabc</dc:creator>
    <dc:date>2026-02-21T17:10:44Z</dc:date>
    <item>
      <title>1099-DA Form : How to enter stablecoins (optional aggregate reporting method)?</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/1099-da-form-how-to-enter-stablecoins-optional-aggregate-reporting-method/01/3792491#M1410527</link>
      <description>&lt;P&gt;My 1099-DA form has a section for stable coins. It only lists aggregate proceeds. How do I account for this in TurboTax?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;This is what the form says:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;"The table below summarizes any capital gain/loss on the disposal of digital assets being reported using the optional aggregate reporting method . This includes designated dispositions of qualified stablecoin, as well as the sale of Non-Fungible Tokens (NFTs), whose proceeds meet the reporting threshold. The information on this form is reported to the IRS. This label is a substitute for Box 11a of the Form 1099-DA."&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Here's a picture:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="48oPcNI" style="width: 999px;"&gt;&lt;img src="https://ttlc.intuit.com/community/image/serverpage/image-id/53325i526D0F8EBD285CD1/image-size/large?v=v2&amp;amp;px=999" role="button" title="48oPcNI" alt="48oPcNI" /&gt;&lt;/span&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;STRONG&gt;How do I enter this into TurboTax? I know my total cost basis, so I'm not concerned about that being missing (I'll add it wherever needed), I just don't know where this goes. I don't see any options for stablecoins underneath the "Sales section" when going through the step-by-step for the 1099-DA.&lt;/STRONG&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;The only options I see are:&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="7GNBuUT" style="width: 778px;"&gt;&lt;img src="https://ttlc.intuit.com/community/image/serverpage/image-id/53327i34BBDAB31461F5ED/image-size/large?v=v2&amp;amp;px=999" role="button" title="7GNBuUT" alt="7GNBuUT" /&gt;&lt;/span&gt;&lt;/P&gt;</description>
      <pubDate>Sat, 21 Feb 2026 17:10:44 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/1099-da-form-how-to-enter-stablecoins-optional-aggregate-reporting-method/01/3792491#M1410527</guid>
      <dc:creator>jtabc</dc:creator>
      <dc:date>2026-02-21T17:10:44Z</dc:date>
    </item>
    <item>
      <title>Re: 1099-DA Form : How to enter stablecoins (optional aggregate reporting method)?</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-1099-da-form-how-to-enter-stablecoins-optional-aggregate-reporting-method/01/3793849#M1410925</link>
      <description>&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;You are entering the &lt;STRONG&gt;IRS form 1099-DA&lt;/STRONG&gt; using the &lt;I&gt;sales section totals&lt;/I&gt; method in TurboTax Desktop Premium.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;The &lt;STRONG&gt;IRS form 1099-DA&lt;/STRONG&gt; shown does not report cost basis. &amp;nbsp;I would report either &lt;I&gt;Short-term transaction with basis not reported to the IRS (non-covered)&lt;/I&gt; or &lt;I&gt;Long-term transactions with basis not reported to the IRS (non-covered)&lt;/I&gt;.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;Since basis is not reported, you will report &lt;I&gt;I need to adjust my total cost basis &lt;/I&gt;and select&lt;I&gt; B (cost basis incorrect on form)&lt;/I&gt;. &amp;nbsp;The adjustment code will be reported on the &lt;STRONG&gt;IRS form 8949&lt;/STRONG&gt;.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;At the screen &lt;STRONG&gt;Now, choose how &amp;nbsp;to enter your sales&lt;/STRONG&gt;, you may also select the &lt;I&gt;one-by-one&lt;/I&gt; method of reporting the transaction(s).&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Sun, 22 Feb 2026 14:09:51 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-1099-da-form-how-to-enter-stablecoins-optional-aggregate-reporting-method/01/3793849#M1410925</guid>
      <dc:creator>JamesG1</dc:creator>
      <dc:date>2026-02-22T14:09:51Z</dc:date>
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