uk05
Level 3

How do I report the swap or exchange of one cryptocurrency token for another?

Voyager Digital, LLC went bankrupt within the last few years.

 

As part of their chapter 11 proceedings, they did the following:

 

1. Swapped / exchanged my 4.02 VGX tokens for USDC.

2. Then swapped / exchanged my USDC balance for USD (dollars).

 

How do I report this in TurboTax? I have the transaction details with token quantity, price per token, cost basis, etc but I cannot find any details reporting swapping / exchanging one crypto for another.

 

Thank you.