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Frustration over delayed 1099s from kraken users

Frustration Over Delayed 1099s from Kraken | Users Demanding Answers

By

Hana Kim

Mar 13, 2026, 08:37 AM

Updated

Mar 14, 2026, 02:19 AM

Brief read

Group of people looking stressed while checking their emails for 1099 forms from Kraken, expressing frustration over the delay

As the tax-filing deadline nears, many people are expressing outrage over delayed 1099 forms from Kraken. With rising uncertainty, users feel stuck trying to file their taxes without vital documentation.

Heightened Tension Builds

Comments reveal widespread anger. Users are asking, "Does anyone know if they have produced a single one for anyone?" One user vented, "Still no 1099, I'm starting to get pissed off."

Many feel misled by Kraken's communication, pointing out that assurances were made throughout the month even though forms have yet to be released.

March 13 Controversy

The anticipated March 13 deadline has come and gone without form delivery. One individual noted, "Hey, itโ€™s 8 pm EST and not a single 1099-DA has appeared." Users are frustrated by the lack of clarity and have begun discussing potential legal action: "Lawsuit time," one stated.

Amid the chaos, rumors circulate about whether Kraken is indeed ready, prompting another concern: "Why did they keep claiming readiness all month?"

Implications for Tax Filing

The pressure is mounting, with many opting to file their taxes without forms. As one user quipped, "If I donโ€™t have it, the IRS wonโ€™t either!" This decision isnโ€™t without risk; mismatches in reported income could lead to complications with the IRS.

Furthermore, people are sharing experiences with crypto accounting software, noting that incorrect reports can trigger manual reviews by tax reviewers. One advised, "If they're having issues, how can we trust our reports?"

Users are increasingly frustrated with the overall experience, underscoring that even if they connect with services like Koinly, errors still exist. Some believe Krakenโ€™s history of downtime during busy times significantly affects reliability.

Summary of Community Sentiment

  • ๐Ÿ” Users demanding updates: Frustrations peak as many still wait.

  • ๐Ÿ“… March 13 deadline come and gone: No forms delivered to date.

  • ๐Ÿ’ผ Legal inquiries increasing: Users concerned about potential recourse due to missed promises.

The community is left questioning whether Kraken will deliver on its promises. Will users be forced to file without essential information again?