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What information do I need to provide on my Coinbase Pro account for 1099-B reporting?

avatarNerd MeNov 23, 2021 · 3 years ago3 answers

What specific information do I need to provide on my Coinbase Pro account in order to accurately report my 1099-B?

What information do I need to provide on my Coinbase Pro account for 1099-B reporting?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    To accurately report your 1099-B for your Coinbase Pro account, you will need to provide the following information: 1. Your full name and contact information. 2. Your Coinbase Pro account username or ID. 3. The date and time of each transaction. 4. The type of cryptocurrency involved in each transaction. 5. The quantity of cryptocurrency bought or sold in each transaction. 6. The price at which each cryptocurrency was bought or sold. 7. Any fees or commissions associated with each transaction. It is important to ensure that all the information provided is accurate and matches the records on your Coinbase Pro account.
  • avatarNov 23, 2021 · 3 years ago
    When it comes to reporting your 1099-B for your Coinbase Pro account, it's crucial to provide all the necessary information. This includes your personal details, such as your full name and contact information, as well as specific transaction details like the date, time, type of cryptocurrency, quantity, price, and any associated fees or commissions. By accurately providing this information, you can ensure that your 1099-B reporting is complete and in compliance with tax regulations.
  • avatarNov 23, 2021 · 3 years ago
    When it comes to reporting your 1099-B for your Coinbase Pro account, it's important to provide the required information accurately. This includes your personal details, transaction details, and any associated fees or commissions. Make sure to double-check all the information before submitting your report to avoid any discrepancies. If you have any doubts or questions, it's always a good idea to consult with a tax professional who specializes in cryptocurrency transactions.