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Are there any alternatives to Robinhood for reporting cryptocurrency earnings if they didn't send a 1099 form?

avatarDemosNov 26, 2021 · 3 years ago4 answers

I am looking for alternatives to Robinhood for reporting my cryptocurrency earnings, especially if they didn't send me a 1099 form. Can anyone recommend other platforms or tools that can help me accurately report my earnings for tax purposes?

Are there any alternatives to Robinhood for reporting cryptocurrency earnings if they didn't send a 1099 form?

4 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure! If you're looking for alternatives to Robinhood for reporting your cryptocurrency earnings, you have a few options. One popular choice is Coinbase. Coinbase provides a user-friendly interface and offers tools to help you track your earnings and generate tax reports. Another option is Binance, a leading cryptocurrency exchange that also provides tax reporting features. Additionally, you can consider using specialized tax software like CoinTracker or TokenTax, which are designed specifically for cryptocurrency tax reporting. These platforms can help you calculate your gains and losses, generate tax forms, and ensure compliance with tax regulations.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! If Robinhood didn't send you a 1099 form and you need an alternative for reporting your cryptocurrency earnings, you can explore other platforms. One option is Kraken, a reputable cryptocurrency exchange that offers tax reporting tools. Another alternative is Gemini, which provides a user-friendly interface and tax reporting features. Additionally, you can use popular tax software like TurboTax or TaxAct, which support cryptocurrency tax reporting. These tools can help you accurately calculate your gains and losses, and generate the necessary tax forms.
  • avatarNov 26, 2021 · 3 years ago
    Definitely! If you're looking for alternatives to Robinhood for reporting your cryptocurrency earnings without a 1099 form, you might want to check out BYDFi. BYDFi is a digital asset exchange that offers comprehensive tax reporting features. With BYDFi, you can easily track your earnings, calculate your gains and losses, and generate tax reports. Their user-friendly interface makes it simple to navigate through your transaction history and ensure accurate tax reporting. Give BYDFi a try and see if it meets your needs for reporting your cryptocurrency earnings.
  • avatarNov 26, 2021 · 3 years ago
    Yes, there are alternatives to Robinhood for reporting your cryptocurrency earnings even if they didn't send you a 1099 form. One option is KuCoin, a popular cryptocurrency exchange that offers tax reporting tools. KuCoin allows you to track your earnings, calculate your gains and losses, and generate tax reports. Another alternative is CoinTracking, a dedicated cryptocurrency tax software. CoinTracking supports a wide range of exchanges and wallets, making it easy to import your transaction data and generate accurate tax reports. These alternatives can help you stay compliant with tax regulations and accurately report your cryptocurrency earnings.