Cryptocurrency Q&A Does Coinbase report a 1099-MISC to the IRS?

Does Coinbase report a 1099-MISC to the IRS?

Chiara Chiara Wed Oct 02 2024 | 6 answers 1134
Could you clarify for me, does Coinbase issue a 1099-MISC form to the IRS on behalf of its users for any transactions that meet the reporting threshold? I'm trying to understand my tax obligations as a cryptocurrency investor and I'm wondering if Coinbase handles this aspect for me or if I need to take additional steps to ensure compliance. Any insight you could provide would be greatly appreciated. Does Coinbase report a 1099-MISC to the IRS?

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