How can I use Edward Jones 1099 statements to track my cryptocurrency investments?

3 answers

• Coughlin FloodDec 29, 2022 · 3 years ago
  Using Edward Jones 1099 statements to track your cryptocurrency investments can be a bit tricky, but it is definitely possible. First, you need to locate the section on the statement that shows your investment transactions. This section will typically include details such as the date of the transaction, the type of cryptocurrency involved, the quantity bought or sold, and the price at which it was bought or sold. You can use this information to manually update your cryptocurrency portfolio tracker or tax software. Make sure to accurately input all the relevant details to ensure accurate tracking of your investments.
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• Barrera MilesOct 27, 2021 · 4 years ago
  When it comes to tracking your cryptocurrency investments using Edward Jones 1099 statements, it's important to understand that these statements may not provide all the necessary information. Cryptocurrency transactions can occur on various platforms and exchanges, and not all of them may be included in your Edward Jones statements. To get a complete picture of your cryptocurrency investments, you may need to gather additional transaction data from the exchanges you have used. This can include transaction histories, trade confirmations, and withdrawal or deposit records. By combining the information from your Edward Jones statements with data from other exchanges, you can have a more comprehensive view of your cryptocurrency portfolio.
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• PrayagDec 29, 2021 · 4 years ago
  At BYDFi, we understand the importance of tracking your cryptocurrency investments. While Edward Jones 1099 statements can be helpful, they may not provide all the necessary information for accurate tracking. We recommend using a dedicated cryptocurrency portfolio tracker or tax software that allows you to manually input your transactions from Edward Jones and other exchanges. This way, you can ensure that all your investments are properly accounted for and easily track your portfolio's performance. Remember to regularly update your tracker or software with the latest transactions to maintain accurate records.
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