Qualifying stablecoins section on 1099-DA

popomama1 — Sun, 22 Mar 2026 20:44:49 GMT

I got a 1099-DA form. There is a section called Qualifying stablecoins . The following picture shows what is included and there is no cost basis. How do I report it in TurboTax Premier version? Thanks.

Re: Qualifying stablecoins section on 1099-DA

MelindaS1 — Sun, 22 Mar 2026 22:22:39 GMT

You can enter your cost basis (adjusted purchase price) manually to figure any gain/loss on the sale of these assets:

Manually enter your 1099-DA in TurboTax Online by following these navigational steps:

Tax Home
Federal
Wages & Income
Investment Income
Select Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other
Select (+) Add investments
Select Skip Import
Select Digital Assets, select Continue
Proceed through the question screens to enter all your 1099-DA info.

Manually enter your 1099-DA in TurboTax Desktop by following these navigational steps:

Federal
Wages & Income
Select I'll choose what I work on
Investment Income
Select Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other
Select (+) Add investments
Select Skip Import
Select Digital Assets, select Continue
Proceed through the question screens to enter all your 1099-DA info.

Learn more: TurboTax - Your Crypto Tax Guide

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Qualifying stablecoins section on 1099-DA

Re: Qualifying stablecoins section on 1099-DA