As a crypto mining business, I sold some mined crypto from Coinbase to buy more "mining assets." Does this mean I still need to report as a "sold" from my personal taxes?

Jtrinh0923 · ‎January 29, 2024

PatriciaV · ‎January 29, 2024

Yes, you must report the sale of all crypto assets, even if you purchased other crypto with the proceeds.

See this article for more information: TurboTax Cryptocurrency Guide.

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PatriciaV · ‎January 29, 2024

Yes, you must report the sale of all crypto assets, even if you purchased other crypto with the proceeds.

See this article for more information: TurboTax Cryptocurrency Guide.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do you have an Intuit account?