How can I get 1099s for cryptocurrency earnings?

3 answers

• Dec 16, 2021 · 3 years ago
  To get 1099s for your cryptocurrency earnings, you will need to use a tax reporting service or software that supports cryptocurrency transactions. These services can help you generate the necessary forms and reports to accurately report your earnings. Some popular options include CoinTracker, CryptoTrader.Tax, and TurboTax. Make sure to provide accurate information about your cryptocurrency transactions to ensure proper reporting and compliance with tax regulations.
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• Dec 16, 2021 · 3 years ago
  Getting 1099s for cryptocurrency earnings is important for tax purposes. You can reach out to your cryptocurrency exchange and ask if they provide 1099 forms for their users. Some exchanges may offer this service, while others may not. If your exchange does not provide 1099 forms, you can use a tax reporting service or consult with a tax professional to ensure accurate reporting of your cryptocurrency earnings.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of accurate tax reporting for cryptocurrency earnings. While we do not provide 1099 forms directly, we recommend using reputable tax reporting services or consulting with a tax professional to ensure compliance with tax regulations. It's important to accurately report your cryptocurrency earnings to avoid any potential penalties or legal issues.
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