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Regulation & Policy · 1 min read

Halfpricesoft Launches ez1099 2026 Software With Form 1099-DA Digital Asset Reporting

The updated software includes direct IRIS electronic filing without requiring an IRS Transmitter Control Code ahead of the legacy FIRE system shutdown.

Editorial oversight: Julian Mercer, Chief Editor
Neutral
$BTC $76,029 −5.3% $ETH $2,239 −7.3%

At a glance Announced

What happened
Halfpricesoft launched ez1099 2026 tax software featuring Form 1099-DA digital asset reporting and direct IRS IRIS e-filing.
Why it matters
Filers can report crypto broker transactions directly to the IRS without waiting to obtain an individual Transmitter Control Code.
Who is affected
Businesses, accounting professionals, and digital asset brokers reporting crypto transactions to the IRS.
Takes effect
2026-12-31
What's next
The legacy IRS FIRE filing system is scheduled to retire on Dec. 31, 2026.
Primary source
PR Newswire: Power & Performance: Tax Season Starts Now: Unleash the ez1099 2026

Key points

  • Halfpricesoft released ez1099 2026 with Form 1099-DA support for crypto sales, exchanges, and broker reporting 1.
  • The software transmits forms directly to the IRS IRIS system, bypassing the need for filers to obtain a Transmitter Control Code 1.
  • The rollout precedes the scheduled retirement of the legacy IRS FIRE system on Dec. 31, 2026 1.

Software provider Halfpricesoft.com announced the release of its upgraded ez1099 2026 tax software on Nov. 6, introducing compliance features for digital asset transactions alongside direct filing pipelines into the Internal Revenue Service 1. The update arrives ahead of the 2027 tax reporting season, packaging dedicated support for Form 1099-DA to handle sales, digital asset transactions, and broker reporting 1.

The software integrates electronic filing through the IRS Information Returns Intake System (IRIS) 1. Under this setup, the platform transmits returns directly to the agency on behalf of businesses and tax practitioners, eliminating the requirement for filers to independently secure an IRS Transmitter Control Code (TCC) 1. The provider noted that the mechanism bypasses application and verification waiting periods that typically take multiple weeks 1.

Transition Away From Legacy FIRE System

The update comes as the IRS prepares to decommission its legacy Filing Information Returns Electronically (FIRE) infrastructure 1. According to the announcement, the IRS FIRE system is scheduled for retirement on Dec. 31, 2026 1. ez1099 2026 is designed to transition corporate filers and accountants onto IRIS-compatible standards before that deadline 1.

In addition to direct submissions, the platform includes automated validation features to flag missing inputs and incorrect Taxpayer Identification Numbers (TINs) prior to filing 1. The rollout highlights the operational adjustments confronting US businesses, accounting firms, and digital asset brokers as regulatory expectations around crypto transaction reporting converge with modernized federal filing mandates 1. At the time of writing, the broader crypto market remains under pressure, with $BTC trading at $76,072 and $ETH down at $2,236.

Questions this story raises

What is Form 1099-DA used for in the ez1099 software?
Form 1099-DA supports compliance reporting for digital asset transactions, cryptocurrency sales, and broker exchanges under IRS rules.
When will the legacy IRS FIRE system be shut down?
According to the announcement, the IRS FIRE system will be retired on Dec. 31, 2026, shifting electronic returns toward the IRIS platform.

Sources

  1. [1] Power & Performance: Tax Season Starts Now: Unleash the ez1099 2026 — PR Newswire, November 6, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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