How can I report my cryptocurrency earnings if I didn't receive a 1099 from Robinhood?

5 answers

• May 11, 2022 · 3 years ago
  If you didn't receive a 1099 form from Robinhood, you still need to report your cryptocurrency earnings to the IRS. You can use your transaction history from Robinhood to calculate your earnings. Make sure to accurately report your gains and losses and consult with a tax professional if you're unsure about the process.
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• May 11, 2022 · 3 years ago
  Reporting cryptocurrency earnings without a 1099 form can be a bit tricky, but it's important to do it correctly to avoid any potential issues with the IRS. You can use a cryptocurrency tax software or consult with a tax professional to help you calculate and report your earnings accurately.
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• May 11, 2022 · 3 years ago
  If you didn't receive a 1099 form from Robinhood, you can still report your cryptocurrency earnings using other documentation. Keep track of your transaction history, including buy and sell orders, and calculate your gains and losses. It's important to report your earnings accurately to comply with tax regulations.
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• May 11, 2022 · 3 years ago
  Reporting cryptocurrency earnings without a 1099 form is not uncommon, especially if you have multiple sources of income from different exchanges. In this case, it's important to keep detailed records of your transactions and consult with a tax professional to ensure you report your earnings correctly.
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• May 11, 2022 · 3 years ago
  BYDFi is a great platform for trading cryptocurrencies, but when it comes to reporting your earnings, you need to follow the IRS guidelines. If you didn't receive a 1099 form from Robinhood, you can still report your earnings using your transaction history. Make sure to accurately calculate your gains and losses and consult with a tax professional if needed.
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