Does Coinbase Report to the IRS?
Yup, they totally do!
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Yep! Coinbase reports to the IRS if you meet specific thresholds. Better keep an eye on your transactions and stay informed!
As someone who uses Coinbase, I can confirm that they send reports to the IRS if your transactions cross a certain threshold. They even sent me a 1099 form once!
Yes, Coinbase reports to the IRS if you meet certain criteria. If your transactions exceed $20,000 in sales or 200 transactions in a year, you'll likely get a 1099-K form. So, keep those numbers down if you're aiming to stay off their radar! ;)
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