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How can I report my Coinbase earnings if I didn't receive a 1099 form?

avatarBushra NoorDec 17, 2021 · 3 years ago3 answers

I have earned money from trading on Coinbase, but I didn't receive a 1099 form. How can I report my earnings without this form?

How can I report my Coinbase earnings if I didn't receive a 1099 form?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    If you didn't receive a 1099 form from Coinbase, you still need to report your earnings to the IRS. You can use your transaction history on Coinbase to calculate your earnings. Make sure to keep accurate records of all your trades and transactions. You can consult a tax professional or use tax software to help you accurately report your earnings.
  • avatarDec 17, 2021 · 3 years ago
    Reporting your Coinbase earnings without a 1099 form is not uncommon. The IRS requires you to report all your income, including cryptocurrency earnings. You can use the information available on Coinbase, such as your transaction history and account statements, to calculate your earnings. It's important to keep detailed records and consult a tax professional if needed.
  • avatarDec 17, 2021 · 3 years ago
    Don't worry if you didn't receive a 1099 form from Coinbase. You can still report your earnings by using the information available on the platform. Calculate your earnings based on your transaction history and keep a record of all your trades. If you're unsure about how to report your earnings, consider consulting a tax professional for guidance. Remember, it's important to accurately report your cryptocurrency earnings to comply with tax regulations.