2021 Tax Reporting
Until such time there is greater clarity from US regulators around tax reporting obligations for the crypto industry, Paxos will not be providing any US tax forms for the 2021 tax year.
What does this mean for you?
We encourage you to discuss your tax reporting obligations with your tax professional and decide what is best for you and your situation.
Any activity records you may need from us are downloadable directly from your Paxos account and the instructions on how to do that can be found here.
If you’re having trouble retrieving your trade or funding activity from your account, or you’re looking for trade data related to OTC trades, you can contact our helpdesk here and ask for assistance in getting that data.
Other key information:
- Paxos does not provide tax forms for international users. Please use your transaction history to fulfill any tax filing obligations.
- In previous years, Paxos has provided a 1099-B form to applicable US users and to the IRS. If you’re looking for a copy of this form for tax year 2020 or previous, please contact our helpdesk here and request a digital copy. This form cannot be provided for the 2021 tax year.