Are there any specific steps I need to follow in order to get my 1099-K from Cash App for my virtual currency transactions?
Fatin Nur AishahDec 27, 2021 · 3 years ago1 answers
What are the specific steps I should take to obtain my 1099-K from Cash App for my virtual currency transactions? I want to ensure that I comply with all the necessary requirements and receive the appropriate tax documentation.
1 answers
- Dec 27, 2021 · 3 years agoObtaining your 1099-K from Cash App for your virtual currency transactions is a simple process. Just follow these steps: 1. Open the Cash App on your mobile device and log in to your account. 2. Tap on the 'Account' tab and scroll down to find the 'Tax Documents' section. 3. Look for the 1099-K form and tap on it. 4. Review the information provided and ensure its accuracy with your virtual currency transactions. 5. If everything looks good, tap on the 'Request' button to generate your 1099-K. 6. Cash App will process your request and provide you with the necessary tax document. It's important to note that the availability of the 1099-K form may depend on your location and the specific regulations governing virtual currency transactions. If you have any concerns or need further assistance, don't hesitate to contact Cash App's customer support for guidance.
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