What are the tax forms required for cryptocurrency transactions on Voyager?

4 answers

• Carlos Eduardo RodriguesSep 18, 2022 · 3 years ago
  When it comes to tax forms for cryptocurrency transactions on Voyager, there are a few key forms to be aware of. The most common form is the Form 1099-K, which is used to report payment card and third-party network transactions. Voyager will provide you with a Form 1099-K if you meet certain criteria, such as having more than 200 transactions and a total value of over $20,000 in a calendar year. Additionally, if you receive any interest income from your cryptocurrency holdings on Voyager, you may also receive a Form 1099-INT. It's important to consult with a tax professional to ensure that you accurately report your cryptocurrency transactions on your tax return.
  671

  336
• Hamza RezektiNov 18, 2021 · 4 years ago
  Tax forms for cryptocurrency transactions on Voyager can be a bit confusing, but don't worry, I've got you covered! The main form you need to know about is the Form 1099-K. This form is used to report payment card and third-party network transactions, which includes cryptocurrency transactions. If you meet certain criteria, such as having a certain number of transactions and a certain total value, Voyager will provide you with a Form 1099-K. Additionally, if you earn any interest income from your cryptocurrency holdings on Voyager, you may also receive a Form 1099-INT. Just make sure to consult with a tax professional to ensure that you're properly reporting your cryptocurrency activities.
  698

  233
• Ingram KragelundNov 17, 2023 · 2 years ago
  When it comes to tax forms for cryptocurrency transactions on Voyager, you'll need to familiarize yourself with the Form 1099-K. This form is used to report payment card and third-party network transactions, which includes cryptocurrency transactions. If you meet certain criteria, such as having a certain number of transactions and a certain total value, Voyager will provide you with a Form 1099-K. It's important to note that tax regulations can vary by jurisdiction, so it's always a good idea to consult with a tax professional to ensure that you're meeting all of your tax obligations. BYDFi, another popular cryptocurrency exchange, also provides similar tax forms for their users.
  689

  173
• Hadiqa Khalid AhmedJul 29, 2024 · a year ago
  Tax forms for cryptocurrency transactions on Voyager are pretty straightforward. The main form you need to know about is the Form 1099-K. This form is used to report payment card and third-party network transactions, which includes cryptocurrency transactions. If you meet certain criteria, such as having a certain number of transactions and a certain total value, Voyager will provide you with a Form 1099-K. Additionally, if you earn any interest income from your cryptocurrency holdings on Voyager, you may also receive a Form 1099-INT. Just make sure to consult with a tax professional to ensure that you're properly reporting your cryptocurrency activities. 😊
  666

  134