I dont have to report anything in my taxes right? (US based)
Lol no it's your own responsibility
You should always speak to a professional regarding your tax situation — Cryptocom provides the form if required by law https://help.crypto.com/en/articles/3682427-what-do-i-need-to-know-about-my-1099-k-form
Crypto.com is required to provide you with 1099-K form for informational purposes. Your buy, sell and exchange activities on our platform are subject to reporting if the gross proceeds from these transactions meet or exceed your state’s thresholds. For most states, the threshold is set by the IRS at $20,000 USD and 200 transactions in a calendar year. If you reside in any of the states listed below, the thresholds are lower:
Yeah but if they don't, you're still liable for your taxes
So if Im below threshold... Im good right?
You need to consult with a professional 😇 None of us are certified (or liable) to give you concrete advice on your tax situation
why? everything is on the internet lol
Who should I reach out for withdraw issues
Hello please contact in app support, they are the only ones that are able to help. Ignore anyone directly messaging you.
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