does coinbase send a tax form

Coinbase sends a tax form as a legal requirement, a statement that they do send a tax form is accurate. However, it is important to note that the form is sent to the U.S. Internal Revenue Service (IRS), not the individual taxpayer. This means that even if you do not plan to file a tax return with the IRS, you should still send the tax form to them. The form contains important information about your income and deductions, and is required by law. For most taxpayers, this is a necessary step, even if you don't plan to file a tax return with the IRS. Additionally, sending the form may also be a good idea for individuals who may be planning to invest in cryptocurrency. The form allows you to report your cryptocurrency investments as non-deductible investment income, which can have a significant impact on your taxable income.