How are sales of airdropped tokens reported?

or capital-gains distributions for the previous tax year. If you sold an investment, Form 1099-B shows your capital gains. (or capital losses if you sell an ... Feb 25, 2025 ... How to report sales with no 1099-B form from overseas brokerage. That is because you clicked on the option for a 1099-B on the screen after Skip ... Apr 1, 2016 ... The failure to report it in the Form 1099-B cost basis results in double-counting the income unless an adjustment is entered on Form 8949. Form 1099-B data entry. To enter information from Form 1099-B, Proceeds From Broker and Barter Exchange Transactions information, you can either: Use Source ... You will report this information into each individual section within the return associated with the individual sections of your 1099 composite form. Form 1099-B is used to report capital gains and losses that a taxpayer incurs after selling certain assets through brokerages and barter exchanges. Coinbase will issue you a form 1099-B if you traded Futures via Coinbase Finance Markets. Learn more about Coinbase Futures. Coinbase reports. While exchanges ... Jan 7, 2025 ... E-File 1099-B to the IRS · Report capital gains and losses from stocks, bonds, crypto, and more. · All 1099 forms are included for free · Customer ... eDelivery is available for most tax forms, including 1099-B, 1099-DIV, 1099-INT, 1099-MISC, 1099-OID, 1099-R, 1099-Q, 5498 and 5498-ESA. Log in to view your ... Crypto.com may be required to issue to you a Form 1099-B if you are a U.S. person who traded contracts during the tax year. It is your responsibility to ...