What are the requirements to receive a 1099-B from Coinbase for my cryptocurrency activities?
James SparraDec 29, 2021 · 3 years ago3 answers
What do I need to do in order to receive a 1099-B form from Coinbase for my cryptocurrency transactions?
3 answers
- Dec 29, 2021 · 3 years agoTo receive a 1099-B form from Coinbase for your cryptocurrency activities, you need to meet certain criteria. First, you must have conducted at least 200 transactions with a total value of $20,000 or more in a calendar year. Additionally, you must have completed the required identity verification process on the Coinbase platform. It's important to note that Coinbase will only issue a 1099-B form if you meet these criteria, so make sure to keep track of your transactions and ensure you meet the requirements.
- Dec 29, 2021 · 3 years agoIf you want to receive a 1099-B form from Coinbase for your cryptocurrency activities, you'll need to meet specific requirements. These include conducting at least 200 transactions and reaching a total value of $20,000 or more in a calendar year. You'll also need to complete the identity verification process on the Coinbase platform. It's important to keep in mind that Coinbase will only issue a 1099-B form if you meet these requirements, so be sure to keep accurate records of your transactions and ensure you meet the criteria.
- Dec 29, 2021 · 3 years agoReceiving a 1099-B form from Coinbase for your cryptocurrency activities requires meeting certain criteria. You must have conducted at least 200 transactions with a total value of $20,000 or more in a calendar year. Additionally, you need to have completed the identity verification process on the Coinbase platform. It's worth noting that Coinbase will only issue a 1099-B form if you meet these specific requirements, so it's important to keep track of your transactions and ensure you fulfill the criteria.
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