What if I don't get a 1099 form from Coinbase?

If you haven't received a 1099 form from Coinbase, it's important to note that not all crypto transactions necessitate receiving one. However, if you believe you should have received a 1099-K or 1099-MISC form due to the amount or nature of your transactions, you should take proactive steps to ensure compliance with tax laws. Firstly, you can log into your Coinbase account and check your transaction history to see if the thresholds for receiving a 1099 form have been met. If you believe you've met the criteria but still haven't received a form, you can reach out to Coinbase customer support for clarification. It's also important to remember that even if you don't receive a 1099 form, you're still responsible for reporting your crypto transactions on your tax return. You can use tools like crypto tax software or consult with a tax professional to help you accurately calculate your taxes. So, in short, if you haven't received a 1099 form from Coinbase, don't panic, but do take the necessary steps to ensure compliance with tax laws.