The IRS Thinks You Made 100% Profit on Your Crypto.
Prove Them Wrong in 3 Minutes.
If your 1099-DA has blank 'Cost Basis' boxes, the IRS taxes your ENTIRE sale—not just your profit.
Join 1 on the waitlist (Feb 17 launch)
= 100% taxable sale!
Why Your 1099-DA Is a Tax Trap
The IRS isn't trying to trick you, but their automated system is. Here's what they won't tell you.
Incomplete Exchange Reporting
Exchanges often don't have your full transaction history (e.g., from other wallets), so they leave the 'Cost Basis' box blank on your 1099-DA.
IRS Default Assumption
When the cost basis is blank, the IRS defaults to $0. This means they treat your entire sale price as 100% taxable profit, which is incorrect.
Automatic CP2000 Notice
This discrepancy automatically triggers an IRS CP2000 'underreporter' notice, demanding you pay tax on the full amount plus penalties.
Feb 17
1099-DA forms arrive
You notice the blank cost basis.
Apr 15
Tax Deadline
You file, hoping for the best.
May+
IRS Notices Sent
A CP2000 notice arrives with a hefty bill.
Fix Your 1099-DA in 3 Minutes
No accounting degree required. Just follow these simple steps.
Securely upload your 1099-DA and your transaction history CSV from your exchange. Your data stays private.
Our tool asks a few questions to correctly categorize transfers, forks, and other complex events.
Get a completed, IRS-ready Form 8949 with every transaction's cost basis filled in. File it with your taxes.
Simple, Fair Pricing
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$15
TaxRabbit
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1099-DA Forms Drop In:
Frequently Asked Questions
Clearing up your crypto tax confusion.
Don't Overpay a Single Dollar to the IRS.
The deadline is approaching. Join the waitlist now and be the first to fix your crypto taxes for just $15.
Don't Just Take Our Word For It
This is a common, frustrating problem discussed across crypto communities.
"Got a CP2000 notice saying I owed $12k. Was about to pay it. A guy on r/CryptoTax mentioned the blank cost basis issue. This tool would've saved me a panic attack. Literally a $15 fix for a $12,000 mistake."
Satoshi_Hodler
u/Satoshi_Hodler
"My accountant was confused by the 1099-DA. He was going to charge me $500 to manually sort through my thousands of transactions. A simple Form 8949 generator is a game-changer for active traders."
DeFi_Deb
u/DeFi_Deb