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Get your taxes done using TurboTax
@Opus 17 I totally agree with you, I use coinbase just because it's open and transparent to US regulators and I don't want to get on the wrong side of the law.
Also here's another issue, when someone dumps coins on yobit for btc, eth etc and then moving it to cryptopia to hold for the so called "hard forks" instead of coinbase. And then after a year they move it to coinbase to sell for USD. How are taxes treated for this? Is his gain/losses going to be calculated from when he moved the coin to coinbase or from when he got it on yobit?
Also here's another issue, when someone dumps coins on yobit for btc, eth etc and then moving it to cryptopia to hold for the so called "hard forks" instead of coinbase. And then after a year they move it to coinbase to sell for USD. How are taxes treated for this? Is his gain/losses going to be calculated from when he moved the coin to coinbase or from when he got it on yobit?
‎June 5, 2019
5:02 PM
35,391 Views