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What are the deadlines for Cash App to send out 1099 forms for cryptocurrency transactions?

avatarShobhit KwatraJan 01, 2022 · 3 years ago3 answers

Can you provide information on the deadlines for Cash App to send out 1099 forms for cryptocurrency transactions? When should I expect to receive my 1099 form from Cash App?

What are the deadlines for Cash App to send out 1099 forms for cryptocurrency transactions?

3 answers

  • avatarJan 01, 2022 · 3 years ago
    As an expert in cryptocurrency transactions, I can tell you that Cash App is required to send out 1099 forms for cryptocurrency transactions by January 31st of each year. This is the deadline set by the IRS for all financial institutions to provide these forms to their users. You should expect to receive your 1099 form from Cash App by the end of January or early February. It's important to note that the deadline may vary slightly depending on the specific year and any changes in IRS regulations.
  • avatarJan 01, 2022 · 3 years ago
    Hey there! When it comes to Cash App and 1099 forms for cryptocurrency transactions, you can expect to receive your form by the end of January. Cash App is required to send out these forms by January 31st, so keep an eye out for it in your mailbox or email. If you haven't received your form by early February, it's a good idea to reach out to Cash App support for assistance. They should be able to help you with any questions or concerns you may have about your 1099 form.
  • avatarJan 01, 2022 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, Cash App is required to send out 1099 forms for cryptocurrency transactions by January 31st of each year. This is in compliance with IRS regulations. You should expect to receive your 1099 form from Cash App by the end of January or early February. It's important to keep track of your cryptocurrency transactions throughout the year, as these forms are necessary for reporting your income and taxes. If you have any questions about your 1099 form or need assistance, don't hesitate to reach out to Cash App support.