US customers can use Coinbase Taxes to find out which Coinbase activity is taxable, see gains, losses, and earned income, and get information and reports (including IRS forms).
Tax forms from Coinbase
If you earned less than $600 in crypto income, you won’t receive a 1099-MISC form from Coinbase.
If you're a US customer who traded futures, you'll receive a 1099-B for this activity by email and in Coinbase Taxes.
If you’re a non-US customer who has an account with Coinbase Inc., you may receive a 1042-S form reporting US-sourced income paid to your account.
If you’re a non-US customer who has an account with a non-US Coinbase entity, you won’t receive any forms from Coinbase and can use your transaction history report to fulfill your local tax obligations.
Coinbase Taxes reflects your activity on Coinbase.com but doesn’t include Coinbase Pro or Coinbase Wallet activity.
Note: Coinbase Pro was discontinued in December 2023, but you can access transactions dated November 2023 and earlier by visiting the Statements section of Pro and searching under the Other tab.
Crypto tax details
There are two types of taxes in the US that impact crypto: Capital gains and income tax.
US trading fees: These are included in your cost basis (how much you paid for your crypto) and excluded from your proceeds (how much you earn from selling or trading).
US donations: Charitable contributions of crypto may be tax deductible. Consult your tax adviser.
Discover more about taxes on Coinbase Learn
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