The $10,000 per-broker threshold for designated sales of qualifying stablecoins. Everything runs in your browser — nothing is stored or transmitted.
Enter your annual gross proceeds at a single broker for each category below. Only designated sales of qualifying stablecoins count toward the threshold — swaps into other (non-qualifying) digital assets are excluded from the stablecoin regime entirely.
Designated sale — counts toward the threshold.
Designated sale — qualifying-for-qualifying swaps count toward the threshold.
Not a designated sale — excluded from the optional stablecoin regime. (The later disposal of the crypto you acquired is reportable under the general rules.)
The threshold tests gross proceeds after reduction for allocable transaction costs.
| Line | Amount (USD) |
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Regardless of broker reporting, gains and losses on stablecoin sales (de-peg events, fees) belong on the tax return. The threshold applies per broker, per year, and only when the broker elects the optional reporting method.
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Based on the qualifying-stablecoin rules in the IRS Instructions for Form 1099-DA and the final IRC §6045 broker reporting regulations. General information, not tax advice. Background: stablecoins on Form 1099-DA.