how to get a tax form from

by Ernestina Lang Jr. Published 1 year ago Updated 4 months ago

Here's how to generate a report with Tax:
  1. Sign up for Tax.
  2. Import crypto transactions. CSV files and API syncs with over 30 popular crypto exchanges and wallets are supported.
  3. Review and confirm. Click on each transaction to view how capital gains and losses were calculated.
  4. Generate report.
Mar 18, 2022

Does Crypto COM have a tax form? provides American customers with a 1099-K form when they have more than $20,000 in trade volume and more than 200 trades for the year. A copy of this form will also be filed with the IRS.

Will I get a 1099 from Crypto com?

As required by law, will also provide a copy of your Form 1099-MISC to the U.S. Internal Revenue Service.

Why did I get a 1099-K from Crypto com?

Certain cryptocurrency exchanges (, eToroUSA, etc.) will send you a 1099-K if you have more than 200 transactions with more than $20,000 in volume. For example, if you made 250 trades on and all of these trades add up to over $20,000 in volume when summed together, you will receive a 1099-K.

What happens if you don't report cryptocurrency on taxes?

Failure to report If you don't report taxable crypto activity and face an IRS audit, you may incur interest, penalties or even criminal charges. It may be considered tax evasion or fraud, said David Canedo, a Milwaukee-based CPA and tax specialist product manager at Accointing, a crypto tracking and tax reporting tool.

What does Tax offer? Tax has full integration with popular exchanges & wallets and an easy-to-use interface that gets the job done in no time.

How does tax reporting work?

You could export your Wallet App transaction log into a CSV file, please refer here for details. After that, you could upload the CSV file to Tax.

Prepare your tax forms for App

API import: App does not support API connection right now, so we recommend using file upload as described below.

Import trades automatically with API App does not support API connection at the moment.‚Äč You can use file upload for now.

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