- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@PatriciaV I'm still a little confused, sorry. Maybe you could help me determine which fees to report where, or where/how to include them, and what is the cost basis? I'd really appreciate it. I feel like my brain just isn't grasping what type of fee it is and which amount is the cost basis.
2024-01-23 - Buy
Base Asset (USD) Quantity $600.03 <<
Quote Asset (SOL) Quantity 7.16731 <<<<
Total Value in USD (incl fees) $587.41 <<
2024-07-13 - Withdrawal (Transfer)
Base Asset (SOL) Qty 7.09564 <<<<
So, I see a cost difference on the date or purchase (fees in USD?), but then a quantity difference on the date of transfer (fees in SOL coin?). I guess that's two different types of fees to report or include, somewhere, maybe?
And then not sure if cost basis would be 587, 600, or something else...
Thank you 🙏