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Anvilapostle
February 26, 2022
Question

Are short term sales of crypto on Coinbase covered or noncovered? (Reported to the IRS)?

  • February 26, 2022
  • 1 reply
  • 0 views
I didn't receive a traditional 1099 but have raw transaction data and a gain/loss summary, so I'm just curious if anyone knows if they're covered or not.

1 reply

fanfare
fanfare
Employee
February 26, 2022

These are not covered transactions.

With no 1099-B your sales Box Category is "C".

There is no reporting exemption for this category.

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