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Level 2
posted Feb 1, 2024 7:02:19 PM

Crypto Question in the Tax Form

I only earned $0.14 from the staking reward which rounds down to $0 so I’m not going to report it. However, does it matter to say “Yes” or “No” on the crypto question in the tax form? I didn’t sell, exchange, swap, etc. Just transferred coins between Coinbase and my wallet and had a small staking amount unintentionally.

 

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1 Best answer
Expert Alumni
Feb 1, 2024 7:05:49 PM

No, it doesn't matter.  You can answer No.  

1 Replies
Expert Alumni
Feb 1, 2024 7:05:49 PM

No, it doesn't matter.  You can answer No.