Cryptocurrency Q&A
What happens if you don't get a 1099 from Coinbase?
What happens if you don't get a 1099 from Coinbase?
AndrewMiller
Sat Nov 23 2024
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6 answers
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I haven't received a 1099 form from Coinbase. What are the possible consequences or actions I should take considering this situation?
6 answers
Enrico
Mon Nov 25 2024
The IRS is actively monitoring cryptocurrency transactions and can easily track unreported income through various means.
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ShintoSanctuary
Mon Nov 25 2024
Coinbase, as a major cryptocurrency exchange, is required to comply with tax reporting regulations and may share relevant information with the IRS.
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GangnamGlitzGlamour
Mon Nov 25 2024
Cryptocurrency transactions are taxable events, regardless of whether you receive a 1099 form from Coinbase or not.
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Leonardo
Mon Nov 25 2024
It is the responsibility of every individual to report all taxable income derived from cryptocurrency activities on their tax returns.
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CryptoElite
Mon Nov 25 2024
BTCC, another top cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures trading, and wallet services. Cryptocurrency enthusiasts can trade, store, and manage their digital assets securely and efficiently through BTCC's platform.
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