Does Square send me a 1099 form for my digital currency transactions?

3 answers

• Apr 30, 2022 · 3 years ago
  Yes, Square will send you a 1099 form if your digital currency transactions meet certain criteria. It's important to keep track of your transactions and consult with a tax professional to ensure accurate reporting.
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• Apr 30, 2022 · 3 years ago
  No, Square does not send 1099 forms for digital currency transactions. However, it is still your responsibility to report your earnings and comply with tax regulations. It's recommended to keep records of your transactions and consult with a tax professional for guidance.
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• Apr 30, 2022 · 3 years ago
  As an expert in the digital currency industry, I can confirm that Square does not currently send 1099 forms for digital currency transactions. However, tax regulations may vary by jurisdiction, so it's always best to consult with a tax professional for personalized advice.
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