Gemini taxes and tax forms
- Fee on a $1,000 buy
- $12by bank transfer
- Bank withdrawal time
- Same or next day
- Coins
- 99
For 2025 activity, Gemini issues Form 1099-DA, where proceeds cover only 2025 while cost basis starts in 2026 for covered assets. Income of $600+ (staking, referral rewards) goes on Form 1099-MISC. Gemini also issues a Gain/Loss Statement, but it isn't sent to IRS. Gemini issues no Form 8949.
The tax forms Gemini sends
| What | What Gemini says | Source | Read on |
|---|---|---|---|
| Tax forms | Form 1099-DA covers 2025 activity, with proceeds only for 2025 and, for covered assets, cost basis from 2026. Form 1099-MISC applies to $600+ income (staking, referral rewards). The Gain/Loss Statement isn't sent to IRS, and there's no Form 8949. | support.gemini.com | November 2, 2026 |
| Tax history export | On the web, download the Transaction history CSV from Account > Settings > Statements and taxes > Transaction history, then set the date range. Staking history comes separately. | support.gemini.com | November 2, 2026 |
Reports Gemini makes to the IRS
Form 1099-DA shows gross proceeds for crypto that you sold or traded through a broker, beginning with the 2025 tax year. Gemini files the form with the IRS and gives you a copy.
How to download the Gemini tax history
Gemini export: on the web, download the Transaction history CSV from Account > Settings > Statements and taxes > Transaction history, then set the date range. Staking history comes separately.
You won't get tax advice from ExchangePick. For your own return, check with a tax professional about the Gemini activity you had.
More Gemini information
Common questions
Does Gemini report anything to the IRS?
Yes. The 1099 forms Gemini issues get filed with the IRS, so you get the same numbers the IRS sees.