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Need help understanding missing 1099 from defunct exchange

Started by gighustle_24 · Jul 5, 2025 · 1,460 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
GI
gighustle_24 OP

Quick background on my situation — any input appreciated.

missing 1099 from defunct exchange. I've been dealing with this for about 8 months now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

What's the typical outcome in situations like this?

AM
allison.m_2

I've dealt with this before.

In my case if that makes sense, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

PS
pro_se_disaster_6

I went through almost the exact same thing.

Pro tip: always escalate. The frontline people can't do anything/manager. It took 1-3 months but was worth it.

HB
hannah_b_28

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.