# Treasury and IRS propose an alternative electronic-delivery process for Form 1099-DA

> Treasury and the IRS proposed an alternative process for brokers to furnish Form 1099-DA electronically without the existing affirmative-consent and withdrawal framework, subject to enhanced electronic notice and access safeguards. The proposal is not effective until finalized.

- URL: https://riadefi.com/regulation/2026-03-05-irs-proposed-electronic-delivery-form-1099-da/
- Posture: Proposal · not in effect
- Authorities: Internal Revenue Service; U.S. Department of the Treasury
- Event date: 2026-03-05
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: no

This entry records a proposal. It does not change the law unless it is adopted.

## What changed

Treasury and the IRS proposed an alternative process for brokers to furnish Form 1099-DA electronically without the existing affirmative-consent and withdrawal framework, subject to enhanced electronic notice and access safeguards. The proposal is not effective until finalized.

## Who it affects

- Digital-asset brokers
- Advisers coordinating client tax-document workflows
- Clients receiving Form 1099-DA

## What is still open

- Final rule text, effective date, delivery safeguards, and broker adoption
- Treatment of consolidated statements and clients without reliable electronic access

## What it means for an advisor

- Monitor rather than implement the proposed process as final
- Maintain client education and record-reconciliation plans independent of delivery method

## Previous interpretation

Brokers generally needed affirmative consent under existing electronic-furnishing rules or had to provide paper statements.

## Sources

1. [Proposed regulations for electronic furnishing of Form 1099-DA statements](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-to-make-it-easier-for-digital-asset-brokers-to-provide-1099-da-statements-electronically) · Internal Revenue Service and U.S. Department of the Treasury · 2026-03-05


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.