Are Coinbase tax statements accepted by the IRS?

3 answers

• Hernan Felipe Lopez HernandezMar 20, 2021 · 4 years ago
  Yes, Coinbase tax statements are generally accepted by the IRS. Coinbase provides a Form 1099-K for eligible customers, which reports their cryptocurrency transactions. However, it's important to note that you should consult with a tax professional to ensure you are accurately reporting your cryptocurrency activities.
  319

  160
• hureenn syattJul 25, 2023 · 2 years ago
  Absolutely! Coinbase tax statements are accepted by the IRS. Coinbase is a reputable cryptocurrency exchange and their tax statements are considered valid for reporting purposes. Just make sure to review the statements carefully and include all necessary information when filing your taxes.
  290

  97
• Muskaan singhMay 27, 2021 · 4 years ago
  As an expert in the field, I can confirm that Coinbase tax statements are indeed accepted by the IRS. Coinbase is one of the largest and most trusted cryptocurrency exchanges, and their tax reporting is compliant with IRS regulations. It's always a good idea to keep a copy of your tax statements and consult with a tax professional for any specific guidance.
  359

  90