Tax Center General FAQ
1. How do I find my tax documents?
You can find your tax documents on our platform as follows:
On the web: go to Asset > Tax center
On the app: go to menu > Tax center
Open the menu page and find the Tax center page
2. How do I update my Taxpayer information?
You're required to verify your tax particulars before accessing your tax documents. To verify your taxpayer information, you can follow the guide below:
Go to Asset > Tax center on the web or access menu > Tax center on the app
Select Contact OKX Help to update your taxpayer information. You'll be redirected to our customer support for further assistance.
Select Contact OKX Help to update your taxpayer information
3. What are the tax documents that I will receive?
You'll receive the tax documents depending on your eligibility and activity in the recent tax year. We provide two IRS forms - Form 1099-B and Form 1099-MISC:
Form 1099-B: this includes sell orders and the cost basis of assets purchased and sold on OKX. We can't calculate the cost basis of assets acquired elsewhere. For example, if you sent or deposited an asset to OKX and later sold it, we can't provide its cost basis. Sell orders without cost basis will have an asterisk (*) on this form.
Note: cost basis is the original value of an asset when acquired. It's used to determine the capital gain or loss, which is the difference between the asset's cost basis and the sale proceeds.Form 1099-MISC: this reports income earned from Earn rewards and other income. You'll receive this form only if you've earned 600 USD or more.
4. What are the tax reporting dates?
We'll prepare the tax reports for you by the following dates:
Forms 1099-MISC: by January 31, 2025
Forms 1099-B: by February 17, 2025
The due date to file individual income tax by April 15, 2025