Note: The 1099-MISC is available during January of the following year. If you do not see a 1099, it is because you earned less than $600 and did not qualify to have one issued.
Binance.US provides customers with the ability to easily access and download their tax documents so they may better prepare for tax season. This walkthrough answers basic questions about forms 1099-MISC and where to access them on the Binance.US mobile and desktop platform.
To learn more about cryptocurrency tax reporting, visit our Cryptocurrency Tax Reporting 101 page.
What is Tax Form 1099-MISC?
What is Tax Form 1099-MISC?
Tax form 1099-MISC is a tax form Binance.US is required to provide to eligible U.S. customers who earned $600 or more from staking or referral rewards in 2023. This form will only appear if you have met such requirements and will be made available to you in January / before February of each year.
How to Download Tax Forms 1099-MISC on the Mobile App
How to Download Tax Forms 1099-MISC on the Mobile App
Note: The mobile app will only provide the .PDF version of your report. For .CSV exports, please use the web.
1. Tap the Profile Icon in the top-right corner of your app.
2. Scroll down to the Account section and select Reports.
3. Tap Tax Reports
4. Select the tab that says Tax, located at the top-right side of your mobile screen. Yearly Report will be preselected
5. Tap Select Form Type and choose 1099-MISC. This option will only appear if you have met the necessary trading requirements. Choose the year from the Select Year dropdown menu. Once selected, press Generate and your form will be added to the queue.
How to Download Tax Forms 1099-MISC via Web Browser
How to Download Tax Forms 1099-MISC via Web Browser
Exporting your report from the web will allow you to choose between .PDF and .CSV files.
1. Log in to your Binance.US account. Then, hover over your email address the top-right corner and click Export Reports from the drop-down menu.
Alternatively, you can access the Export Reports page from your Wallet by clicking the Export Reports link in the top-right corner.
2. Click the Tax Reports button on the right.
3. Click the Tax tab located at the top of the pop-up window and select 1099-MISC from the Select Asset drop dropdown.
4. Select the year you would like to view the file format from the respective dropdown menus. Click Generate and your file will be added to the queue. There is a download limit of 6 tax reports per month.