The 1099-B form provides users with a record of the total proceeds during the calendar year. For each published 1099-B form, users are responsible for calculating their own cost basis. In order to calculate the cost basis, we recommend accessing your full trade & funding history available on your Paxos account and working with your tax professional.
Paxos issues a 1099-B form to all US customers who have sales of a digital asset within a calendar year. Customers should expect to receive their 1099-B form by the end of February to the address listed on file. Please be sure to keep your account’s address up-to-date.
If you have not received your 1099-B form and believe you should have, please contact us at help@paxos.com.