- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thanks for the reply.
The daily USDC interests that I earned on my USDC fund that was locked in the 3 month term of this program is certainly income as you've mentioned.
I'm curious about the deposit and withdrawal transactions to get the USDC into this program at the start of the term and out of this program at the end of the term. They seem to be internal operations that crypto.com does and record when the fund goes into and out of the earn program. Do I simply leave out the so called deposits and withdrawals out from the transactions that I report since I'm not buying nor selling the USDC?
March 7, 2023
2:05 PM