QUESTION
Do you receive a tax form from Coinbase?
ANSWER
20
Coinbase provides its users with tax forms if they meet certain criteria set by tax authorities. Specifically, in the United States, Coinbase will issue a Form 1099-MISC to users who are U.S. traders and have earned more than $600 in rewards or fees from Coinbase Earn, USDC Rewards, and/or staking in the previous tax year. However, it's important for all Coinbase users to realize that not all will receive a tax form, and every user is responsible for reporting their own cryptocurrency transactions to their respective tax authorities. It's always recommended to consult with a tax professional for personalized advice and to ensure compliance with local laws and regulations.
EXCLUSIVE OFFER
04.21.2024
DOES COINBASE SEND YOU A TAX FORM