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Thursday, June 26, 2025 Live Webcast

A Complete Guide to Reporting Form 1099-DA (X1-FDA2-2025-01-WEBNR-177-01)

3:00 PM - 5:00 PM EDT
webcast

Vendor Platform

2 CPE Credits in TX

OVERVIEW

For each digital asset sale that a broker has affected for a customer in 2025, the broker must complete Form 1099-DA. A broker includes any person who, in the ordinary course of a trade or business, stands ready to affect sales of digital assets to be made by others.

DESIGNED FOR

Accounting and finance professionals who need to understand the rules regarding Form 1099-DA

BENEFITS

  • Understand the rules relating to Form 1099-DA

HIGHLIGHTS

  • Definition of a digital asset for purposes of Form 1099-DA
  • What is a sale of a digital asset affected by a broker on behalf of another person?
  • Mandatory 2025 reporting of gross proceeds information and voluntary reporting of basis information
  • Treatment of sales of digital assets
  • Who is a broker for purposes of Form 1099-DA?
  • Information required to complete Form 1099-DA
  • Reporting closing transactions and covered securities
  • Who is a processor of digital asset payments?
  • How many transactions to report on each Form 1099-DA and how many forms to file for each transaction
  • Optional reporting methods for digital asset transactions
  • Substitute statements for the Form 1099
  • Reporting a disposition of digital assets held by a widely held fixed investment trust

COURSE LEVEL

Basic

ADVANCE PREPARATION

None

INSTRUCTOR

Michael Tucker

Michael J. Tucker, CPA, Ph.D., J.D., LL.M.

Ph.D., JD, CPA

Professional Education Network

Michael J. Tucker is an employee of Surgent McCoy CPE, LLC and a consultant for the accounting firm of T.M. Byxbee Co. in Hamden, CT. He is the author of many professional articles and a veteran TV and live-seminar presenter. In addition, he heads up Surgent McCoy's webinar efforts, where he writes and hosts many of the webinars Surgent McCoy sponsors and presents. Mr. Tucker was a professor at Quinnipiac University in Hamden, CT and worked with KPMG Peat Marwick and Deloitte & Touche. Mr. Tucker received his J.D. from New York University, his LL.M. from Georgetown University Law Center, and his Ph.D. from the University of Houston.

PRICING

$89.00 - Member

$109.00 - Nonmember

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Note: Online pre-registration will close on June 26 at 2:30 PM.

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COURSE DEVELOPER

Surgent

AREAS OF INTEREST