- Joined
- Jun 21, 2008
- Messages
- 73
I have a question regarding taxes and BTC. In tax year 2022, if I only bought bitcoin on several dates and transferred to an external wallet (not mine), do these purchases and transfers need to be reported on my tax form? If I am understanding a Turbotax and Cryptocurrency Video (youtube) correctly, it says that if you bought crypto, held crypto, transferred crypto from one wallet to another, you don't have to report crypto. (see attached image). In my Cash App account, under the "Documents" folder, then "Bitcoin"- there are no documents available such as a 1099-B.
Anyone that can help me with this, it would be greatly appreciated.
Thanks,
Lethalius
Anyone that can help me with this, it would be greatly appreciated.
Thanks,
Lethalius