topic Can I deduct fees from buying and selling bitcoin on Coinbase? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-fees-from-buying-and-selling-bitcoin-on-coinbase/01/341946#M42627 Mon, 03 Jun 2019 20:08:37 GMT dlucks101 2019-06-03T20:08:37Z Can I deduct fees from buying and selling bitcoin on Coinbase? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-fees-from-buying-and-selling-bitcoin-on-coinbase/01/341946#M42627 Mon, 03 Jun 2019 20:08:37 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-fees-from-buying-and-selling-bitcoin-on-coinbase/01/341946#M42627 dlucks101 2019-06-03T20:08:37Z Yes. You can either increase your cost basis or reduce yo... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-can-either-increase-your-cost-basis-or-reduce-yo/01/341954#M42630 <P><B>Yes.&nbsp;</B>You can either increase your cost basis or reduce your proceeds to reflect these fees.</P><P>For more information, follow this link:&nbsp;<A href="https://ttlc.intuit.com/questions/4160115" target="_blank">Intuit on Bitcoin</A></P><P> <BR /> </P><P>[Edit 2/24/18 10:47 AM PST]</P><P></P> Mon, 03 Jun 2019 20:08:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-can-either-increase-your-cost-basis-or-reduce-yo/01/341954#M42630 CarolynM 2019-06-03T20:08:38Z