common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the steps to obtain a 1099 from Square for my digital currency sales?

avatarLevi EichelbergNov 29, 2021 · 3 years ago1 answers

Can you guide me through the process of obtaining a 1099 form from Square for my digital currency sales? I want to make sure I have all the necessary documentation for tax purposes.

What are the steps to obtain a 1099 from Square for my digital currency sales?

1 answers

  • avatarNov 29, 2021 · 3 years ago
    Getting a 1099 form from Square for your digital currency sales is a breeze. Just follow these steps: 1. Log in to your Square account. 2. Head over to the 'Account & Settings' section. 3. Look for 'Tax Forms' and click on it. 4. Choose '1099-K' from the options. 5. Double-check your sales and transaction details. 6. Verify your mailing address. 7. Square will handle the rest and mail you the 1099 form. Remember to keep a copy of the form for your tax records. If you need any assistance, Square's support team is always ready to help.