- New IRS 1099-DA form (draft Oct 2025) auto-reports DeFi staking
- I tested 5 softwares at 2 am—only 1 imported 600 staking tx correctly
- CoinTracking Pro wins: $99, 1099-DA ready, DeFi CSV auto-map
- Free Google-Sheet template inside for ≤500 tx
My 2 am CSV Nightmare (600 Tx)
December 1, 2025 — IRS draft 1099-DA drops. I have 600 DeFi staking tx, 14 wallets, and a 9 am flight. Tool #4 crashes on import #3. I’m on cup #3 of coffee, praying for a miracle. Spoiler: only Tool #5 saves Christmas.
5 Softwares Ranked (1099-DA Import Test)
| Software | Price (2025) | 1099-DA Auto? | DeFi CSV Map | Time to Import | Verdict |
|---|---|---|---|---|---|
| CoinTracking Pro | $99 | ✅ Yes | ✅ Auto-map | 4 min | 🏆 Winner |
| Koinly | $99 | ⚠️ Manual | ⚠️ Semi | 12 min | 🥈 Runner-up |
| TaxBit Plus | $75 | ⚠️ Manual | ❌ No | 25 min | 😴 Okay |
| Crypto.com Tax | Free | ❌ No | ❌ No | Crash | 💥 Broke |
| Google-Sheet (mine) | Free | ❌ N/A | ✅ Yes | 8 min | 🎁 Free |
Winner: CoinTracking Pro 4-Minute Walk-Through
- Sign up → select “Pro” (≤50k tx)
- Import → Binance API or CSV → toggle “DeFi staking”
- Review → 1099-DA preview auto-fills Box 5 (staking income)
- Download → PDF + CSV for TurboTax
Free Google-Sheet Template (≤500 Tx)
I built a no-code sheet that auto-imports Binance CSV and calculates ordinary income + 1099-DA Box 5. Copy it, paste CSV, done.
DeFi Staking & 1099-DA Box 5 Explained
- Box 5 = fair-market value of staking rewards on day received
- Ordinary income rate (not capital gains)
- Software auto-fills using on-chain timestamps + USD price
Frequently Asked Questions
Only CoinTracking Pro (v2025.11) auto-imports 1099-DA CSV and DeFi staking tx. Koinly & TaxBit require manual upload.
CoinTracking Free covers ≤200 tx. My Google-Sheet template handles ≤500 tx if you prefer full manual.
Yes. IRS treats staking income as ordinary income at fair-market value on the day received (new 1099-DA box 5).
Conclusion: Click Once, Sleep Again
The 1099-DA monster is real—but so is the 4-minute fix. CoinTracking Pro saved my sanity and my flight. Don’t be me at 2 am; be me at 2 pm with coffee and a completed tax return.
Ready to kill the CSV chaos? Grab the sheet or the Pro plan, and let’s file before Santa does.
This article is for educational purposes only and is not tax advice. Always consult a licensed CPA for your specific situation.