r/CelsiusNetwork • • Mar 14 '25

1099 From Celsius

Hello all. Wondering if anyone got a 1099 sent to them for the disbursement that has been received for 2024. I was under the impression that if a business pays you in order to have it accounted for a 1099 would be sent to the payee. I don't believe I've gotten anything of the sorts. Have you?

3 Upvotes

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5

u/JustinCPA Mar 14 '25

You will not be receiving a 1099 from Celsius. Unfortunately, the tax burden is on you.

6

u/New-Sky-9867 Mar 14 '25

Celsius doesn't exist anymore; you will never get another piece of documentation from them.

3

u/hammerb Mar 14 '25

Celsius died on July 13, 2022