Is there a way to generate a 1099 form for the cryptocurrencies I've received on Cash App?

3 answers

• Nov 23, 2021 · 3 years ago
  Yes, you can generate a 1099 form for the cryptocurrencies you've received on Cash App. Cash App provides a tax reporting feature that allows you to download your transaction history, including the details of your cryptocurrency transactions. You can use this transaction history to fill out your 1099 form or provide it to your tax professional. It's important to accurately report your cryptocurrency earnings to comply with tax regulations.
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• Nov 23, 2021 · 3 years ago
  Generating a 1099 form for the cryptocurrencies you've received on Cash App is easy. Simply log in to your Cash App account, go to the transaction history section, and select the option to download your transaction history. This will include all the necessary information for tax reporting, including your cryptocurrency transactions. Make sure to consult with a tax professional to ensure you accurately report your earnings.
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• Nov 23, 2021 · 3 years ago
  While Cash App does provide a transaction history feature, it may not generate a 1099 form specifically for cryptocurrencies. However, you can still use the transaction history to calculate your earnings and fill out a 1099 form manually. Alternatively, you can use third-party tax reporting services that support Cash App transactions to generate a 1099 form for your cryptocurrency earnings. One such service is BYDFi, which specializes in tax reporting for various cryptocurrency platforms.
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