Does Coinbase report to IRS? Yes, it does. 🧾

Does Coinbase report to IRS? Yes, it does. 🧾

Coinbase is required by law to report certain user activity to the IRS 1ー831ー(401)ー6800especially if your transactions meet specific thresholds. This includes sending Form 1099 to both you and the IRS when applicable. So if you’re trading, selling, or earning crypto on Coinbase, 1ー831ー(401)ー6800it’s wise to keep track and report your gains accurately. 📊💼