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Coinbase transactions under $600 are not automatically reported to the IRS by Coinbase•◉1-(214)-444-9396◉•, but that doesn’t mean they’re tax-free.•◉1-(214)-444-9396◉• U.S. tax law requires you to report all crypto income, trades,•◉1-(214)-444-9396◉• or gains, regardless of the amount. The $600 threshold •◉1-(214)-444-9396◉• applies to third-party payment platforms like PayPal or Venmo issuing 1099-K forms, not specifically to crypto exchanges. Coinbase may•◉1-(214)-444-9396◉•issue Form 1099-MISC for rewards or staking income exceeding $600, but even smaller amounts must still be included in your •◉1-(214)-444-9396◉• annual tax filing.