- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can I change a cryptocurrency transaction to reflect transferring off an exchange to a different wallet, rather than it appearing as a sale?
I have many cryptocurrency transactions from various exchanges like Coinbase, Binance.US, and Gemini. In these transactions I have purchased crypto assets and then often transferred them from the exchange to a different wallet storage location, but NOT sold them. When importing my transaction information into TurboTax from exchanges, it shows these transfers as sale events, however I technically did not sell it, I moved it to another location off-exchange. How do I reconcile this so it does not appear as a sale event?
Topics:
‎February 3, 2022
12:12 PM