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Which form, w-8ben-e or w9, should I use when reporting cryptocurrency income?

avatarKurakula NagarajuNov 24, 2021 · 3 years ago1 answers

When it comes to reporting cryptocurrency income, which form should I use, w-8ben-e or w9? What are the differences between these two forms and how do they apply to cryptocurrency income?

Which form, w-8ben-e or w9, should I use when reporting cryptocurrency income?
Cryptocurrency
Income
Tax

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we recommend consulting with a tax professional to determine which form, w-8ben-e or w9, you should use when reporting cryptocurrency income. The specific form you should use depends on your tax status and whether you are a U.S. or non-U.S. person. It is important to accurately report your cryptocurrency income to comply with tax regulations and avoid any potential issues in the future. If you have any further questions, feel free to reach out to our support team for assistance.

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