Are there any specific guidelines for filling out the IRS Form 1099-B for cryptocurrency investments?

1 answers

• Nov 24, 2021 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi understands the importance of following the specific guidelines when filling out the IRS Form 1099-B for cryptocurrency investments. It is crucial to accurately report all your cryptocurrency transactions, including the relevant dates, proceeds, and cost basis. Each transaction should be reported separately, and any income received from hard forks or airdrops should be included. If you are unsure about any aspect of filling out the form, it is recommended to seek professional advice or refer to the official IRS guidelines. BYDFi is committed to ensuring that its users have the necessary information and support to comply with tax regulations.
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