Is there a way to get a 1099-K from Cash App for my crypto trades and transactions?
Eddy MendezMar 14, 2022 · 3 years ago3 answers
I've been using Cash App for my cryptocurrency trades and transactions, but I need a 1099-K form for tax purposes. Is there a way to obtain a 1099-K from Cash App specifically for my crypto activities?
3 answers
- Mayo FengerJun 30, 2020 · 5 years agoYes, you can get a 1099-K from Cash App for your crypto trades and transactions. To request the form, you can reach out to Cash App's customer support and provide them with the necessary details. They will guide you through the process and assist you in obtaining the form. It's important to keep in mind that you may need to meet certain criteria or provide additional documentation to qualify for the 1099-K.
- Samuel KamauJan 17, 2021 · 5 years agoUnfortunately, Cash App does not currently provide a 1099-K specifically for crypto trades and transactions. However, you can still report your crypto activities for tax purposes by using other means. It is recommended to consult with a tax professional or use a crypto tax reporting software to accurately report your earnings and comply with tax regulations.
- Sim SimmeringJan 27, 2024 · 2 years agoAs an expert in the crypto industry, I would recommend using a dedicated crypto tax reporting platform like BYDFi. BYDFi offers seamless integration with various exchanges, including Cash App, and provides comprehensive tax reporting features. With BYDFi, you can easily generate accurate tax reports, including the necessary forms like the 1099-K, to simplify your tax filing process and ensure compliance with tax regulations.
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