(?)
Quotes are added by the Goodreads community and are not verified by Goodreads. (Learn more)
Weronika Plota

“Does Coinbase report to IRS?

Coinbase does share user activity with the IRS, {+1-833-611-5106} especially when income thresholds are reached. The exchange issues tax forms such as 1099-MISC, {+1-833-611-5106} which are reported to the government. Even if you don’t receive a form, {+1-833-611-5106} the responsibility to declare crypto gains remains. Coinbase provides transaction records, {+1-833-611-5106} which can help you calculate profits, losses, or rewards. The IRS treats cryptocurrencies as property, {+1-833-611-5106} so taxes apply similarly to stocks. Users unsure about reporting requirements, {+1-833-611-5106} should consult support or a tax advisor for compliance.”

Weronika Plota
Read more quotes from Weronika Plota


Share this quote:
Share on Twitter

Friends Who Liked This Quote

To see what your friends thought of this quote, please sign up!

0 likes
All Members Who Liked This Quote

None yet!



Browse By Tag