This includes currency awarded through Coinbase Earn, Staking, or USDC Rewards. So long as the amount you earned through trading totals at least $600, you could be eligible for Form 1099. Please note that there are several versions of Form 1099.
Can I use Coinbase outside of the United States?
It’s worth noting that Coinbase users outside of the United States will not receive the form under any circumstances and have to rely on their account history to accurately record their transactions for tax purposes according to the rules of their region.
What is Form 1099-B for cryptocurrency taxes?
Form 1099-B can make it easy to report your cryptocurrency capital gains — but it may contain inaccurate or incomplete information about your tax liability. In this guide, we’ll cover everything you need to know about Form 1099-B for cryptocurrency taxes.
