ThomasM125
Expert Alumni

Get your taxes done using TurboTax

If you contributed any money to the IRA or sold any assets in it or received any currency, then you should answer "yes" to the question regarding receiving, selling or disposing of cryptocurrency. I agree with you that you don't need to report any income from the investment as long as you didn't take a distribution from the IRA. So, you wouldn't enter anything on your tax return.

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