Valentina
Tue Jul 16 2024
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6 answers
905
Does Coinbase issue IRS Form 1099-K?
As a cryptocurrency enthusiast and investor, I'm curious about the tax implications of my transactions. Specifically, I've been using Coinbase for quite some time and I'm wondering if they issue IRS Form 1099-K for their users. This form is typically used to report certain payment transactions to the Internal Revenue Service, and I'm wondering if Coinbase, as a major cryptocurrency exchange, is required to provide this information for their clients. Understanding this would help me better plan my tax filings and ensure I'm in compliance with all relevant regulations. So, does Coinbase issue IRS Form 1099-K to its users?
