Prime Trust 2022 1099-B FAQs
Prime Trust FAQs for 1099-B Tax Reporting
- Why has Prime Trust elected to report digital asset sales via form 1099-B for tax year 2022?
- What is Prime Trust reporting to the IRS on behalf of end users?
- What is the accounting method used to calculate the tax liability for the 1099 form?
- How will Prime Trust deliver these tax statements to end users?
- When and how are 1099s provided by Prime Trust to end users?
- What is the process of disputing the data provided in the 1099 form?
- What is the process of re-sending tax statements to end users digitally?