Does Exodus provide a tax report?
No - like most crypto wallets, Exodus doesn’t supply a tax report for users. You’ll need to use either a crypto tax app to generate your Exodus tax report, or export your Exodus transaction history and calculate your crypto taxes yourself. Does Exodus issue a 1099 form?
Is Exodus wallet safe?
If Exodus the company is ever hacked, your crypto is safe since Exodus the company does not hold any of your assets. However, your Exodus wallet is only as safe as your personal security practices.
Is Exodus the company safe?
If Exodus the company is ever hacked, your crypto is safe since Exodus the company does not hold any of your assets. However, your Exodus wallet is only as safe as your personal security practices. When users of non-custodial wallets like Exodus get hacked or lose their crypto, it’s usually because of one of the following reasons:
How does the IRS know I owe crypto taxes?
Form 1099-Ks, subpoenas issued to crypto exchanges and your answer to crypto tax question on tax forms are the three major ways the IRS knows you could potentially owe crypto taxes. If you receive a Form 1099-K or Form 1099-B from a crypto exchange, without any doubt, the IRS knows that you have reportable cryptocurrency transactions.
