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- Member Type: Regular Member
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- Last Update: July 26, 2023
- Joined: July 26, 2023
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- First Name Stephen
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- About Me This news triggered a bullish response in the market, and Coinbase shares skyrocketed, marking a significant day in the crypto market landscape. The details in the application outline an agreement between Nasdaq and Coinbase forged last month. If you mined crypto or received crypto as an award, then you might receive either Form 1099-MISC, Miscellaneous Income, or 1099-NEC, Nonemployee Compensation. These forms are used to report how much ordinary income you were paid for different types of work-type activities. The information form these forms can be used to help you prepare Schedule C, Profit or Loss from Business and Schedule SE, Self-Employment Tax. It is worth noting that the U.S. Securities and Exchange Commission SEC issued a Wells notice to Coinbase on March 22. The notice indicated that the SEC had made a preliminary determination to recommend an enforcement action against Coinbase.
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