jhbvtacpa
Level 5
02-02-2023
07:56 PM
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My client just gave me 21 Form 8949's that were given to him by Coinbase.
Over 300 individual transactions. All short-term transactions, none were reported on a Form 1099-B
Any thoughts as far a reporting?
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jeffmcpa2010
Level 11
02-02-2023
08:09 PM
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Well IF I decided to deal with clients who were active in digital currencies, I would probably put the totals of the coinbase pages in as one entry, and attach a pdf of the detail pages.
Again. That's a big IF at this point in my life.
Just-Lisa-Now-
Level 15
02-02-2023
10:20 PM
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Sch D, 1099B worksheet, summarize into 1 transaction since therye all short term.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
jhbvtacpa
Level 5
02-02-2023
10:22 PM
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Would you attach the 8949's?
Just-Lisa-Now-
Level 15
02-02-2023
10:26 PM
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Personally I wouldnt, but lots of people do, the chances of any human ever laying eyes on the attachment, is slim to none.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪