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What are the requirements for receiving a 1099 form from Gemini for cryptocurrency earnings?

avatarlimaoNov 26, 2021 · 3 years ago3 answers

What do I need to do in order to receive a 1099 form from Gemini for my cryptocurrency earnings?

What are the requirements for receiving a 1099 form from Gemini for cryptocurrency earnings?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    To receive a 1099 form from Gemini for your cryptocurrency earnings, you need to meet certain requirements. First, you must have earned at least $600 in cryptocurrency earnings on the Gemini platform during the tax year. Additionally, you need to have completed the necessary identity verification process on Gemini, which includes providing your personal information and verifying your identity. It's important to note that Gemini will only issue a 1099 form if you meet these requirements. If you have earned less than $600 or have not completed the identity verification process, you may not receive a 1099 form from Gemini.
  • avatarNov 26, 2021 · 3 years ago
    In order to receive a 1099 form from Gemini for your cryptocurrency earnings, you must have earned at least $600 in cryptocurrency on the platform during the tax year. Gemini will automatically generate and send the 1099 form to you if you meet this earnings threshold. It's important to keep track of your earnings and ensure that you meet the requirements for receiving a 1099 form. If you have any questions or concerns about your eligibility for a 1099 form, you can contact Gemini's customer support for assistance.
  • avatarNov 26, 2021 · 3 years ago
    Receiving a 1099 form from Gemini for your cryptocurrency earnings is straightforward. As long as you have earned at least $600 in cryptocurrency on the Gemini platform during the tax year, Gemini will automatically generate and send the form to you. It's important to ensure that your account information, including your name and address, is up to date and accurate to ensure proper delivery of the 1099 form. If you have any questions about the process or need assistance, you can reach out to Gemini's support team for guidance.