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What are the steps to receive a 1099 from Coinbase Pro?

avatarAlejandro Montoya VelillaDec 05, 2021 · 3 years ago3 answers

Can you guide me through the process of receiving a 1099 form from Coinbase Pro? I want to make sure I report my cryptocurrency earnings accurately for tax purposes.

What are the steps to receive a 1099 from Coinbase Pro?

3 answers

  • avatarDec 05, 2021 · 3 years ago
    Sure! Here are the steps to receive a 1099 from Coinbase Pro: 1. Log in to your Coinbase Pro account. 2. Go to the 'Reports' section. 3. Click on 'Tax Documents'. 4. Choose the tax year for which you need the 1099 form. 5. Download the 1099 form and save it for your records. 6. Use the information on the form to accurately report your cryptocurrency earnings on your tax return. Remember, it's always a good idea to consult with a tax professional for specific advice regarding your tax situation.
  • avatarDec 05, 2021 · 3 years ago
    Receiving a 1099 form from Coinbase Pro is a straightforward process. Just follow these steps: 1. Sign in to your Coinbase Pro account. 2. Navigate to the 'Reports' section. 3. Locate and click on 'Tax Documents'. 4. Select the relevant tax year. 5. Download the 1099 form. 6. Make sure to keep a copy of the form for your records. 7. Use the information provided on the form to accurately report your cryptocurrency earnings on your tax return. If you have any further questions, don't hesitate to reach out to Coinbase Pro's customer support.
  • avatarDec 05, 2021 · 3 years ago
    To receive a 1099 form from Coinbase Pro, follow these steps: 1. Log in to your Coinbase Pro account. 2. Access the 'Reports' section. 3. Look for the 'Tax Documents' tab and click on it. 4. Choose the appropriate tax year. 5. Download the 1099 form. 6. Keep a copy of the form for your records. 7. Use the information provided on the form to accurately report your cryptocurrency earnings on your tax return. If you encounter any issues or have specific questions, you can contact the support team at BYDFi for assistance.