Monthly and Annual Financial Statements in the Bakkt® App
We currently provide Bakkt App users with a Bitcoin Transaction Report. This is a report of all BTC transactions carried out within the app that can be used in a spreadsheet, tax filing program or provided to a tax preparer. Please also consider the following information.
Bakkt App users will always receive an alert via email and or SMS message when a transaction is initiated in the Bakkt App. These emails contain important information such as transaction type, value, date, and time that users can keep on record.
Additionally, within the Bakkt App, users may filter all transactions by date. For instructions detailing how to filter your activity in the Bakkt App, click here.
Currently, Bakkt only provides a 1099-K tax form to Bakkt App users when the following conditions are met:
The Bakkt App user has initiated over 200 transactions.
The accumulated value of the 200 transactions is of a value of $20,000 or greater.