Hello,
2022 was the first year I tried trading cryptocurrency, and ultimately lost quite a bit.
I purchased a cumulative amount of $9615 through both MoonPay and Coinbase, and at the end of the year cashed out $387, trying to save what little I had left over. I had 0 assets in crypto after cashing out.
Ultimately, that means I lost $9.2k roughly.
Does anyone know of any guides how to report crypto losses on TurboTax? Especially when I purchased multiple transactions that add up to the $9615, listed above. I have traceable items on my bank statement that add up to the total purchase of Crypto, and also the cash out of $387 in 2022 on the same statement.
Coinbase or MoonPay is not providing me with any forms, since it thinks I didn't make enough to report to the IRS in 2022.
thanks!
