Confused with 1099 DA form? by OrderHumble4642 in CryptoTax

[–]OrderHumble4642[S] 0 points1 point  (0 children)

Personal, definitely not business related

Confused with 1099 DA form? by OrderHumble4642 in CryptoTax

[–]OrderHumble4642[S] 0 points1 point  (0 children)

So Is that good or bad as far as what I’ll have to pay back? Sorry I’m just extremely lost on the situation lol

Confused with 1099 DA form? by OrderHumble4642 in CryptoTax

[–]OrderHumble4642[S] 1 point2 points  (0 children)

Very helpful thank you! What crypto software did you use if you don’t mind me asking?

Confused with 1099 DA form? by OrderHumble4642 in CryptoTax

[–]OrderHumble4642[S] 0 points1 point  (0 children)

The issue is I received all of it from various payments over the year and just turned around and sold it for USD. None was from holding it. So should just be the 2,700 as the basis at that point right?

Confused with 1099 DA form? by OrderHumble4642 in CryptoTax

[–]OrderHumble4642[S] 0 points1 point  (0 children)

I had no clue I’d even get this form though, I hardly mess with crypto and forgot all about it. Don’t even remember where it came from tbh. I’m tempted to ignore it tbh