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I need some honest advice with bitcoin and taxes

 
Anonymous Coward
User ID: 69102295
United States
03/13/2021 08:17 PM
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I need some honest advice with bitcoin and taxes
Over the last year before this January I probably invested 2500-3000 in a 12 month period into bitcoin and over that time sold it back and got cash and occasional rebuy some bitcoin. The most I made profit was like 600-800 because I never had crazy money in there .

Do I have to report every transaction ? Send and recieve ? Or just report the profit ? Also how would I find my transactions history on my wallet !?

Serious answers please never did this before don’t wana pay a tax guy
Cnevermore

User ID: 79163478
United States
03/13/2021 08:19 PM
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Re: I need some honest advice with bitcoin and taxes
Cryptotrader.com Anytime you covert crypto
Into cash you create a taxable event that you must report.
Cnevermore





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