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Get your taxes done using TurboTax
The terms "Purchased or Bought" are purposely excluded from the question.
If you purchased. or bought cryptocurrency it is not a taxable event, and if that was the only circumstance you would answer NO.
However, if you "receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?" it is a taxable event and you will answer YES.
("Receive" can refer to shares gathered from an airdrop or staking)
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March 14, 2022
5:48 AM
1,329 Views