What steps should I take when I receive a 1099 from crypto.com for tax purposes?

3 answers

• Shaul Ben-YiminiJan 06, 2021 · 5 years ago
  When you receive a 1099 form from crypto.com, it is important to include this information in your tax filing. The 1099 form reports your cryptocurrency transactions and income to the IRS. Make sure to accurately report the information from the form on your tax return. If you have any questions or concerns, it is advisable to consult a tax professional to ensure you are meeting all the necessary requirements and obligations.
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• Trisztán FarkasDec 20, 2022 · 3 years ago
  Congratulations on receiving a 1099 form from crypto.com! This means that you have engaged in cryptocurrency transactions and earned income that needs to be reported to the IRS. To ensure compliance with tax regulations, carefully review the information on the form and accurately report it on your tax return. If you are unsure about any aspect of the form or how to report it, consider seeking guidance from a tax professional who specializes in cryptocurrency taxation.
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• duckJan 18, 2023 · 3 years ago
  When you receive a 1099 form from crypto.com, it is crucial to include this information in your tax filing. The IRS requires individuals to report all income, including cryptocurrency earnings. Take the time to review the form and ensure that the information is accurate. If you have any questions or need assistance, consider consulting a tax professional who can guide you through the process and help you meet your tax obligations.
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