My wife and I just filed our taxes, and now I am confused if we answered the question in regards to cryptocurrency correctly. The question was ambiguous at best. She bought Bitcoin in 2019 so we clicked the box yes. Was that correct or do we have to amend our taxes and check no? Thanks so much for you help. She did not trade it just hold it.
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1 Replies
GiseleD
Expert Alumni
Feb 21, 2020 6:11:34 PM
According to Schedule 1, the question is: "At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?"
Based on your description, you did it right! No need to amend.