How does cash app handle tax reporting for cryptocurrency earnings?

1 answers

• Nov 23, 2021 · 3 years ago
  Cash App simplifies tax reporting for cryptocurrency earnings by automatically generating a 1099-B form. This form contains all the information you need to accurately report your earnings, such as the date and amount of each transaction. Cash App also provides email notifications when your 1099-B form is ready, making it easy to stay on top of your tax obligations. With Cash App's streamlined tax reporting process, you can focus on managing your cryptocurrency investments without the stress of complex tax calculations.
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