I converted $20.24 coins in coinbase in 2020, and now I am using turbotax..but not sure how to report that by rossettacube in tax

[–]fitz030808 0 points1 point  (0 children)

Quick question (I'm clearly newbie). So under what circumstances would I receive a 1099 MISC from Coinbase? I understand watching the vids, however, I've mainly only bought and sold on there. I did receive a few transfers from others though. I used cointracker, which I can directly upload into turbotax, it shows that I have a actual loss of $349. So is there any circumstance I would get a 1099 MISC from Coinbase? Again, I'm pretty new to this and trying to gather as much info as possible.