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Transferred BTC from account A to account B, so have no cost basis, how do I report?
Transferred BTC into CashApp and sold it in 2020. Have no cost basis but do have proceeds on 1099 since it was a transfer. How do I report this? The account I transferred FROM was a cash out from a gambling site, paid in BTC, so there's not really a cost basis to it (gambling income reported separately).
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‎February 17, 2021
10:27 AM