Which form, w-8ben-e or w9, should I use when reporting cryptocurrency income?
Pappu KharadiApr 30, 2022 · 3 years ago1 answers
When it comes to reporting cryptocurrency income, which form should I use, w-8ben-e or w9? What are the differences between these two forms and how do they apply to cryptocurrency income?
1 answers
- Apr 30, 2022 · 3 years agoAt BYDFi, we recommend consulting with a tax professional to determine which form, w-8ben-e or w9, you should use when reporting cryptocurrency income. The specific form you should use depends on your tax status and whether you are a U.S. or non-U.S. person. It is important to accurately report your cryptocurrency income to comply with tax regulations and avoid any potential issues in the future. If you have any further questions, feel free to reach out to our support team for assistance.
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