Z23
Level 2

Client sent 1099 DA forms ,Coinbase numbers are evidently inflated, including proceeds and losses

Question is how do you report it?IRS sees the same 1099 DA from Coinbase and sends letters if it does not match 

please advise thank you

 

0 Cheers
sjrcpa
Level 15

"Coinbase numbers are evidently inflated"

What do you mean by that? Are you saying the Coinbase numbers are wrong on a 1099-DA? 


The more I know the more I don’t know.