What are the requirements for receiving a Coinbase 1099-K form?

2 answers

• Oh MartensJun 11, 2025 · 3 months ago
  Receiving a 1099-K form from Coinbase is a straightforward process. Once you have met the transaction threshold and provided Coinbase with your taxpayer information, you don't need to take any additional steps to receive the form. Coinbase will automatically generate and send the 1099-K form to you by January 31st of each year. It's important to note that the 1099-K form is used for reporting cryptocurrency transactions to the IRS, so it's crucial to accurately report your income and comply with your tax obligations.
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• Johansen FlynnMar 07, 2021 · 5 years ago
  Getting a 1099-K form from Coinbase is easy. You just need to make sure you meet the transaction requirements and have provided Coinbase with your taxpayer information. Once you've done that, Coinbase will take care of generating and sending the form to you. Remember to keep track of your cryptocurrency transactions and report your income accurately to stay compliant with tax regulations. If you have any specific questions about the 1099-K form or your tax obligations, it's always a good idea to consult with a tax professional.
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