Information Reporting Features
End-To-End IRS Tax Identity Verification, Form Generation and Filing
Automated IRS Tax Identification Number (TIN) verification against the IRS TIN matching database for accurate IRS tax form generation and filing.
With over 30 million end-user tax forms filed in 2022 across dozens of Enterprise Tax clients, TaxBit Information Reporting scales with accuracy to fit your needs.
Customize to Fit Your Needs
Support for all relevant digital assets IRS tax forms. TaxBit will prepare, review, and file all forms with the IRS.
Supported IRS Tax Forms & Use Cases:
Crypto buy/sell (1099-B)
Crypto income/staking (1099-MISC)
Digital marketplace payments (1099-K)
Retirement, IRA (1099-R / 5498)
Vendor/contractor (1099-MISC & -NEC)
Foreign/NRA Income (1042-S)
IRS TIN Verification
On-Demand Access to All Your End-User Tax Form Data
Tax Identity Verification is accessible through TaxBit UMC, which hosts all crypto transaction data in one dashboard. View the following data for every account:
End-user name, mailing address and TIN
TIN status and verification date
All current year and historical information returns/portfolio statements
Forms W-9 and W-8