A Consolidated Form 1099 is a single document that combines multiple 1099 forms into one. Instead of receiving separate forms for each type of reportable income—such as interest, dividends, or equity sales—this statement consolidates everything into one form to simplify your annual tax preparation.
View and/or download your IRS forms in the Documents section of the Coinbase Tax Center.
Who receives a Consolidated Form 1099?
You’ll receive a Consolidated Form 1099 from Coinbase or our partners if:
You’re a US person for tax purposes AND
You had reportable taxable transactions on your account during the calendar year, such as selling stocks/ETFs, or earning a specific type of reportable income
Note for exempt recipients: In some cases, even if you are generally an exempt recipient, you may receive a Consolidated Form 1099 if your account was subject to backup withholding. Federal law requires that these withheld amounts be reported to both the customer and the IRS.
What is included in a Consolidated Form 1099?
The consolidated document is a bundle of several IRS 1099 forms. Depending on your specific account activity, your statement from Coinbase may include:
1099-B: For proceeds received from broker and barter exchange transactions (for example, the sale of stocks or ETF shares or regulated futures contracts)
1099-DIV: For dividends and corporate distributions received
1099-MISC: For miscellaneous reportable income received
Note: The Consolidated Form 1099 does not include digital asset transactions. Crypto sales are reported separately on Form 1099-DA.
Coinbase doesn't provide tax advice. Information here is provided to help customers understand their taxes, but should be reviewed before a customer uses it to file their taxes. To ensure this information works for you, please work with a professional.