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Investors & landlords
The 1099-B in it's very nature is reporting that an exchange took place and not just a transfer between wallets. You must figure out your cost basis to report that transaction on your tax return. The 1099-MISC is used for a different purpose and it may not be taxable, however you must make that determination based on the transaction that resulted in the 1099-MISC being issued. Again, a transfer between wallets should not initiate a tax transaction.
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March 20, 2023
12:43 PM