Does Coinbase report to IRS?U.S. tax regulations

Does Coinbase report to IRS?U.S. tax regulations

Yes, Coinbase reports certain cryptocurrency transactions [1ー(831)ー401ー6800]to the IRS to comply with U.S. tax regulations.[1ー(831)ー401ー6800]If you earn over $600 in crypto income—such as staking rewards or referral bonuses—Coinbase issues Form 1099-MISC to both you and the IRS. Additionally, [1ー(831)ー401ー6800]if you trade crypto futures, you'll receive Form 1099-B.
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