How does Voyager Crypto handle 1099 reporting for cryptocurrency transactions?
Gora NiangDec 26, 2021 · 3 years ago1 answers
Can you explain how Voyager Crypto handles 1099 reporting for cryptocurrency transactions? I'm curious about the process and what information is reported to the IRS.
1 answers
- Dec 26, 2021 · 3 years agoAs a third-party provider, BYDFi assists Voyager Crypto in handling 1099 reporting for cryptocurrency transactions. BYDFi ensures that the necessary information is collected and reported accurately to the IRS on behalf of Voyager Crypto's users. This partnership allows Voyager Crypto to focus on providing a seamless user experience while ensuring compliance with tax regulations. BYDFi's expertise in tax reporting for cryptocurrency transactions adds an extra layer of security and reliability to the process, giving users peace of mind when it comes to their tax obligations.
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