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Quick question (I'm clearly newbie). So under what circumstances would I receive a 1099 MISC from Coinbase? I understand watching the vids, however, I've mainly only bought and sold on there. I did receive a few transfers from others though. I used cointracker, which I can directly upload into turbotax, it shows that I have a actual loss of $349.
Sign in to Coinbase. Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency.
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Well I recieved my 1099-k from coinbase. And the transactions reported are over 100 more than the tax reports ran on coinbase. I also use cointracking.info api input and came up with a different number. I contacted Track1099 and they said that coinbase gives them the numbers to input. So, I contacted coinbase support and recieved this message
Will I get a 1099 MISC from Coinbase? : tax - reddit
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10 votes, 30 comments. Hi everyone, I see how everyone talks about the profits made from BTC and LTC, etc.. Nobody talks about how they have …
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Yes. When Coinbase sends out Form 1099-MISC, it sends out two copies. One goes to the eligible user with more than $600 from crypto rewards or staking, and the other goes directly to the IRS .
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1099-MISC : CoinBase - reddit.com
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Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency.
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Trade CFDs on one of the world's most popular platforms – MetaTrader 4 (MT4) – with CMC Markets This popular form of leveraged trading allows you to go long or short on thousands of global markets, and hedge a physical portfolio. Create an account for free – no minimum deposit required Over 30 years' industry experience (est. 1989)
I’m converting $5,000 of Eth to Quick. In the preview screen (where you finalize the trade) it states $0 fee and a total of $5000 in quick will be converted. After the trade is finalized I’m left with $4,700. I decided to convert the $4700 back to Eth and see what happens and low and behold they deducted $250 and left me with $4450.
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Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency.
Hi there u/Adept_Teacher_5939 - Thanks for reaching out about this. As of the 2021 tax year, we will not be issuing Form 1099-Ks for trades on Coinbase. For more information on how to generate report and calculate your gains/losses, please visit this link.
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