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posted Feb 7, 2023 7:46:35 PM

Transferred crypto from RH to CB this year, IRS states Q38 is a non taxable event when transferred between accounts how to list correctly for-non taxable event?

This is a transfer from one account to another account that I own however Robinhood has made a conglomerate form vs individual forms in years past just want to ensure I got it in correctly any guidance appreciated!

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1 Replies
Expert Alumni
Feb 8, 2023 5:55:22 AM

Provided you didn't sell, trade, exchange of dispose of the currency, it is not a taxable event.  You can transfer between accounts, (or wallets), and it is not reportable on your tax return.