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Are there any steps I need to follow to get my 1099 form from Coinbase?

avatarkeshav rathiNov 24, 2021 · 3 years ago3 answers

What are the necessary steps to obtain the 1099 form from Coinbase for tax purposes?

Are there any steps I need to follow to get my 1099 form from Coinbase?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    To get your 1099 form from Coinbase, you need to follow these steps: 1. Log in to your Coinbase account. 2. Go to the 'Tax Center' section. 3. Click on the 'Download' button next to the 1099 form. 4. Save the form to your device or print it out for your records. Please note that Coinbase only provides the 1099 form for customers who meet certain criteria, such as having a certain level of trading activity or earning a certain amount of income from cryptocurrency transactions. If you don't meet the criteria, you may not receive a 1099 form from Coinbase. It's important to consult with a tax professional to ensure you accurately report your cryptocurrency transactions on your tax return.
  • avatarNov 24, 2021 · 3 years ago
    Getting your 1099 form from Coinbase is a straightforward process. Simply log in to your Coinbase account, navigate to the 'Tax Center' section, and download the form from there. Make sure to save a copy for your records and consult with a tax professional if you have any questions about reporting your cryptocurrency transactions.
  • avatarNov 24, 2021 · 3 years ago
    Yes, there are steps you need to follow to obtain your 1099 form from Coinbase. First, log in to your Coinbase account. Then, go to the 'Tax Center' section and click on the 'Download' button next to the 1099 form. Save the form to your device or print it out for your records. If you have any issues or questions, you can reach out to Coinbase's customer support for assistance.