How can I ensure that I receive a 1099 from Coinbase for my cryptocurrency activities in 2024?

1 answers

• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of tax reporting for cryptocurrency activities. To ensure that you receive a 1099 form from Coinbase for your cryptocurrency activities in 2024, you need to meet certain requirements. Coinbase will issue a 1099 form if you have received at least $600 in cryptocurrency transactions or if you have completed at least 200 transactions. Make sure you provide accurate information to Coinbase and keep track of your transactions. If you have any questions or need assistance, you can contact Coinbase's customer support. Remember to consult with a tax professional to ensure compliance with tax regulations in your jurisdiction.
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