sillysyl
Level 3

Just need to confirm the process.  Your responds are appreciated.

I know that coinbase is entered as a schedule D on 8949 worksheet, my main questions is:

Converted coinbase on 01/17/2021 is this taxable?

the same converted coinbase was then sold on 03/22/2021 is this considered they only transaction?,

I noticed that coinbase does not show losses, I'm assuming that I would be calculating the losses to be entered?

Thank you

Sylvia, TaxWiz

 

0 Cheers