# Do I need to report 1099B and 1099MISC if koinly accounts for them?

**URL:** <https://discuss.koinly.io/t/do-i-need-to-report-1099b-and-1099misc-if-koinly-accounts-for-them/12137>\
**Category:** Koinly Support\
**Created:** [March 9, 2022, 3:20pm UTC](https://discuss.koinly.io/t/do-i-need-to-report-1099b-and-1099misc-if-koinly-accounts-for-them/12137 "2022-03-09T15:20:24Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![magicka](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/magicka/32/1573_2.png) [@magicka](https://discuss.koinly.io/u/magicka)\
**Post date:** [March 9, 2022, 3:20pm UTC](https://discuss.koinly.io/t/do-i-need-to-report-1099b-and-1099misc-if-koinly-accounts-for-them/12137/1 "2022-03-09T15:20:24Z")

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**Describe the problem:**  
I received some 1099MISC and 1099B, and also some platforms didn’t give me one. If I consolidate it in koinly, do I need to report the above forms or just whatever koinly gives me? Would they be double counted? Does koinly generate a 1099?

**Which exchange/wallet is this regarding?**  
Any

**How did you import data into this wallet?**  
n/a

**What have you tried to fix this so far?** n/a

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**Author:** ![Alexander\_Koinly](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/alexander_koinly/32/6455_2.png) [@Alexander\_Koinly](https://discuss.koinly.io/u/Alexander_Koinly)\
**Post date:** [March 9, 2022, 4:29pm UTC](https://discuss.koinly.io/t/do-i-need-to-report-1099b-and-1099misc-if-koinly-accounts-for-them/12137/2 "2022-03-09T16:29:33Z")

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Hello!

Alex from Koinly here 🙂

If you receive the 1099 automatically from some platforms then it’s easiest for you to just send those to the IRS directly without putting them in Koinly first.

However if you want them in Koinly then you can sync the transactions via API or CSV like usual, and then use the calculations from Koinly to fill out your own 1099 form.  
Koinly won’t generate one automatically but it has all the values needed to fill it out.

So it’s up to you to decide which method you prefer because they are both acceptable 🙂

Best regards,  
Alex

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**Author:** ![FarnamStreet](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/farnamstreet/32/2801_2.png) [@FarnamStreet](https://discuss.koinly.io/u/FarnamStreet)\
**Post date:** [March 16, 2022, 6:26pm UTC](https://discuss.koinly.io/t/do-i-need-to-report-1099b-and-1099misc-if-koinly-accounts-for-them/12137/3 "2022-03-16T18:26:28Z")

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Hi Alex, Thanks for your response. I would like to input the transactions into Koinly and use the calculations to support the 1099B from the brokerage. However, these transactions then also show up in the 8949 that Koinly generates. Is there a way to exclude the transactions that are reported separately on the 1099?

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**Author:** ![system](https://canada1.discourse-cdn.com/flex052/uploads/koinly_app/original/1X/7ac58e5593a7122893d066794a7254dcdb5ddb31.png) [@system](https://discuss.koinly.io/u/system)\
**Post date:** [May 15, 2022, 6:27pm UTC](https://discuss.koinly.io/t/do-i-need-to-report-1099b-and-1099misc-if-koinly-accounts-for-them/12137/4 "2022-05-15T18:27:07Z")

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