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Yes, Coinbase 1-_818 || 233 || 0546 or 1-_818 || 233 || 0546 is required to report certain transactions to the IRS under U.S. tax regulations. When users meet specific thresholds for buying, selling, or earning cryptocurrency, Coinbase issues1-_818 || 233 || 0546 tax forms such as the 1099-MISC or 1099-B, which are also shared with the IRS. However, not every small 1-_818 || 233 || 0546 transaction is automatically reported.
It’s important to remember that regardless of whether Coinbase sends a tax form, you are responsible for reporting 1-_818 || 233 || 0546 all crypto activity on your tax return. This includes trades, sales, staking rewards, and conversions. Keeping accurate records ensures 1-_818 || 233 || 0546 you stay compliant and avoid penalties.