Hi, I’m in the process of filing my taxes for year 2020. I made some profits from crypto through Coinbase platform. However I don’t see any tax forms from them. Can someone who has done taxes with crypto earnings included let me know on how they proceeded? I do see tax docs from Robinhood for crypto but not for Coinbase. Thanks in advance. TC- 150k
Taxbit are pretty good. Let me know if you need a referral.
Cointracker.io is good
I believe Coinbase doesn't issue 1099 capital gains unless you sell >$10k. I'm not tax adviser but i treated it like stocks where until you sell it, then it becomes a taxable event. For RH since they report all transactions stocks or crypto pretty straight forward. If you wanna keep it legit if in the very unlikely chance u get audited track your crypto with an App or Taxbit is a good tool as you just login and link your exchanges to it and it should calculate any gains or losses. I have Kucoin, Hotbit, Binance and they don't do any 1099 nor required to provide any documents so will be up to you to report or track on your own.
Bitcoin.tax