more
Markets
Buy Crypto
Trade
Derivatives
Trading BotsCopycommon-tag-new-0
Affiliate Program
Reward Centercommon-tag-new-0

What are the requirements for receiving a NiceHash 1099 form?

avatarJnan kumar KarriMar 26, 2022 · 3 years ago1 answers

Can you please provide me with the detailed requirements for receiving a NiceHash 1099 form? I want to make sure I meet all the necessary criteria to receive this form.

What are the requirements for receiving a NiceHash 1099 form?

1 answers

  • avatarMar 26, 2022 · 3 years ago
    To receive a NiceHash 1099 form, it is crucial to fulfill certain prerequisites. Firstly, you must have earned a minimum of $600 in mining rewards through the NiceHash platform during the tax year. Moreover, you need to have provided NiceHash with your correct taxpayer identification number (TIN). This can be either your Social Security Number (SSN) or your Employer Identification Number (EIN) if you are a business entity. It is essential to ensure that the TIN you provide matches the name associated with your NiceHash account. Failure to meet these requirements may result in not receiving a 1099 form from NiceHash.