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Coinbase
hello: I bought $500 of crypto from Coinbase Global, Inc. in April, 2022 and sold it at a loss the next month for $242.45. Because this transaction was less than $600, Coinbase did not send me a 1099-B.
I am using TT Premier CD version and I decided to enter the transaction under Wages and Income/"Here are your sales that are not reported on a Form 1099-B"
I entered Coinbase Global as the descriptor. It appears to show up in my forms but the TT labeled it a "NO FINANCIAL INSTITUTION"
My question is: did I do it correctly?
March 15, 2023
9:05 AM