Does Square send me a 1099 form for my digital currency transactions?

3 answers

• Jaeyong KimJan 30, 2025 · 6 months ago
  Yes, Square will send you a 1099 form if your digital currency transactions meet certain criteria. It's important to keep track of your transactions and consult with a tax professional to ensure accurate reporting.
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• lufyyDec 30, 2020 · 5 years ago
  No, Square does not send 1099 forms for digital currency transactions. However, it is still your responsibility to report your earnings and comply with tax regulations. It's recommended to keep records of your transactions and consult with a tax professional for guidance.
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• Jayesh MotwaniJun 29, 2022 · 3 years ago
  As an expert in the digital currency industry, I can confirm that Square does not currently send 1099 forms for digital currency transactions. However, tax regulations may vary by jurisdiction, so it's always best to consult with a tax professional for personalized advice.
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