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Coinbase To Issue A New Crypto Tax Form For 2020

Coinbase To Issue A New Crypto Tax Form For 2020

For the 2020 tax year, Coinbase is planning to issue a new tax form ( 1099-MISC) and abandon the Form 1099-K which created a tax nightmare for many taxpayers. According to a brief help article published on Coinbase Tax Resource Center, 1099-MISC Forms will be issued to US Coinbase customers who have received $600 or more in cryptocurrency through Coinbase Earn, USDC rewards and/or staking income during 2020.








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