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Get your taxes done using TurboTax
Your cost would only be the amount of ETH that you used to trade for the altcoin. So it is NOT how much you transferred to another exchange site, but how much of ETH was used in order for you to receive the altcoin. Only the amount used to exchange one type of currency for another. So report 0.5ETH.
‎June 5, 2019
11:44 PM