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Get your taxes done using TurboTax
I transferred the coins from my Coinbase Pro wallet to my Coinbase wallet. In TurboTax, after importing my transactions, those transfers show up as withdrawals in TurboTax. When I try editing the transaction type to correctly reflect that they were just transfers and not withdrawals, I don’t have the option of selecting “Transfer”. The only options I get are “Sale”, “Expense”, “Withdrawal”, “Sent Gift”, “Donation”, “Lost/Stolen”, or “Fee”.
Under Taxable it shows “Capital gain/loss”, but obviously this should not be a taxable event.
April 4, 2023
12:29 PM