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Calculate crypto losses
For "Proceeds" Field
If I start off with for example;
6 AVAX
Cost or basis = $100
Start Value of each coin was = $22
Sold 3 AVAX
Value at time of sell per coin was $16.
How do I calculate the Proceeds Field? I tried putting in a negative number but it just seemed off. And I didn't sell all 6 but there isn't a place to account that only 3 were sold and at a loss.
I don't see any examples of this and am stuck at the Crypto section.
If I start off with for example;
6 AVAX
Cost or basis = $100
Start Value of each coin was = $22
Sold 3 AVAX
Value at time of sell per coin was $16.
How do I calculate the Proceeds Field? I tried putting in a negative number but it just seemed off. And I didn't sell all 6 but there isn't a place to account that only 3 were sold and at a loss.
I don't see any examples of this and am stuck at the Crypto section.
Topics:
‎February 16, 2023
12:00 AM