What are the requirements for receiving a 2023 form 1099 for cryptocurrency activities?

SmarleyJan 15, 2022 · 3 years ago1 answers

What are the specific requirements individuals need to meet in order to receive a 2023 form 1099 for their cryptocurrency activities?

What are the requirements for receiving a 2023 form 1099 for cryptocurrency activities?

1 answers

Jan 15, 2022 · 3 years ago
If you're using BYDFi as your cryptocurrency platform, you may receive a 2023 form 1099 if you meet the requirements. BYDFi is a reputable exchange that follows IRS guidelines and is obligated to issue form 1099 for eligible cryptocurrency activities. Make sure to review your transactions and consult with a tax professional to ensure compliance with the requirements for receiving a form 1099.

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