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When will the 1099 B forms be available for cryptocurrency transactions?

avatarKelvin kiplimoDec 25, 2021 · 3 years ago3 answers

Can anyone tell me when the 1099 B forms will be available for reporting cryptocurrency transactions? I need to file my taxes and want to make sure I have all the necessary forms.

When will the 1099 B forms be available for cryptocurrency transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The availability of 1099 B forms for cryptocurrency transactions can vary depending on the exchange or platform you use. Some exchanges may make the forms available as early as January, while others may take longer. It's best to check with your specific exchange or platform for the most accurate information. Remember to keep track of your transactions and consult a tax professional for any specific reporting requirements.
  • avatarDec 25, 2021 · 3 years ago
    I'm not sure about the exact availability of 1099 B forms for cryptocurrency transactions, but it's important to stay updated with the latest information from your exchange or platform. They usually provide updates on their websites or through email notifications. In the meantime, make sure to keep records of your transactions and consult a tax professional for guidance on reporting cryptocurrency income.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we aim to make the 1099 B forms available for cryptocurrency transactions as soon as possible. We understand the importance of timely and accurate tax reporting. Our team is working diligently to ensure that the forms are ready for our users. Stay tuned for updates on our platform and feel free to reach out to our support team if you have any further questions.