Your 2026 Solana Tax Timeline
USA Tax season has started. Here's what you need to know.
Key Federal Tax Dates
- January 28, 2026: IRS filing season opens
- February 17, 2026: Exchanges issue Form 1099-DA
- April 15, 2026: Tax filing deadline (unless you file for extension)
- October 15, 2026: Extension deadline
What's New for 2026
2026 is the first year crypto exchanges are required to report digital asset sales directly to the IRS via Form 1099-DA.
Your crypto exchange sends this new 1099-DA form to both you, and the IRS. The 1099-DA form will only include the trades you’ve made on the exchange. Any trading activity you’ve performed on decentralised exchanges or defi platforms will not be listed on this form. If there are discrepancies or missing data, it is your responsibility to reconcile your trades and provide the IRS with the right information to prevent over/under paying on your tax return.
What This Means for You
You need to report all your Solana transactions from 1-Jan-2025 to 31-Dec-2025 - not just exchange trades.
The IRS are getting a ‘heads up’ from your crypto exchange via the 1099-DA form and expect to see crypto on your tax return. What’s important to understand is that if you trade on other platforms outside of your exchange, this data will be missing from the 1099-DA and things like your profit and loss, and cost basis will be incorrect as a result.
This is where Netrunner comes in. For everything that happened outside of your crypto exchange, Netrunner tracks your cost basis, sale proceeds, income, transaction history and gives you the reports you need to accurately file crypto on your tax return.
Get Prepared Early
Here's what to do:
1. Connect your Solana wallets in Netrunner
2. Add Coinbase or Binance US if you used them in 2025
3. Review your transactions
4. Generate your tax report
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