Tax Reporting

Last updated: April 2, 2026

This article explains when Paxos will issue U.S. tax forms for tax year 2025 and who is not in scope for Paxos tax reporting.

Paxos does not provide tax advice. Please consult a qualified tax professional about your specific situation.

Who will receive a tax form from Paxos for 2025?

For tax year 2025, Paxos will issue Form 1099‑DA to:

  • Direct Paxos account holders,

  • Who are eligible U.S. customers, and

  • Who have reportable digital asset activity in calendar year 2025.

If you qualify:

  • Form type: You will receive Form 1099‑DA for tax year 2025.

  • Delivery method: Your form will be mailed to the postal address associated with your Paxos account. 

Paxos will not provide tax documents if:

  • You access Paxos services through a third party partner such as IBKR

  • Your account is opened under an exempt entity (e.g. a LLC that is treated as a corporation for U.S. tax purposes),

  • You hold assets but do not have reportable activity in 2025, or

  • Your activity otherwise does not meet IRS reporting thresholds for Form 1099‑DA.

Accessing your transaction history

Regardless of whether you receive a tax form, you can:

  • Download your activity records (trades, deposits, withdrawals) directly from your Paxos account, and

  • Use this data to work with your tax advisor or tax software.

For step‑by‑step instructions, see:
Viewing Your Account Activity.

Need help?

If you:

  • Believe you should have received a Form 1099‑DA but have not, or

  • Have questions about whether your account is in scope for Paxos reporting,

please contact Paxos Support from the email address associated with your Paxos account.