How can I report my Coinbase earnings if I didn't receive a 1099 form?
![avatar](https://download.bydfi.com/api-pic/images/avatars/GFkdO.jpg)
I have earned money from trading on Coinbase, but I didn't receive a 1099 form. How can I report my earnings without this form?
![How can I report my Coinbase earnings if I didn't receive a 1099 form?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/d5/1f3b599f703f5325bf2b53247fffe4cb74e0cf.jpg)
3 answers
- If you didn't receive a 1099 form from Coinbase, you still need to report your earnings to the IRS. You can use your transaction history on Coinbase to calculate your earnings. Make sure to keep accurate records of all your trades and transactions. You can consult a tax professional or use tax software to help you accurately report your earnings.
Feb 19, 2022 · 3 years ago
- Reporting your Coinbase earnings without a 1099 form is not uncommon. The IRS requires you to report all your income, including cryptocurrency earnings. You can use the information available on Coinbase, such as your transaction history and account statements, to calculate your earnings. It's important to keep detailed records and consult a tax professional if needed.
Feb 19, 2022 · 3 years ago
- Don't worry if you didn't receive a 1099 form from Coinbase. You can still report your earnings by using the information available on the platform. Calculate your earnings based on your transaction history and keep a record of all your trades. If you're unsure about how to report your earnings, consider consulting a tax professional for guidance. Remember, it's important to accurately report your cryptocurrency earnings to comply with tax regulations.
Feb 19, 2022 · 3 years ago
Related Tags
Hot Questions
- 92
Are there any special tax rules for crypto investors?
- 80
How can I buy Bitcoin with a credit card?
- 67
What are the best digital currencies to invest in right now?
- 65
What are the tax implications of using cryptocurrency?
- 59
What are the advantages of using cryptocurrency for online transactions?
- 40
How can I protect my digital assets from hackers?
- 28
How can I minimize my tax liability when dealing with cryptocurrencies?
- 22
What are the best practices for reporting cryptocurrency on my taxes?