RobertB4444
Expert Alumni

Investors & landlords

@RGR3  I know this is weird but they ARE sales.  They are fractional sales of your crypto that raised the money that was then used to pay fees. 

 

And the fees are not deductible.  I know!

 

So each of those listed transactions has a cost basis in the space provided for one.  This should match the amount that you paid for the fractional amount of cryptocurrency that was sold to cover the fee you owed.  If the amount listed under cost basis does not add up to what you paid for the currency then you'll need to do some research.  You only need to pay tax on the profit from these sales so the cost basis is very important.

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