crypto testnet token enquiry

[Helen123]

For the crypto, there is one called testnet token, which has no real value and  it is used to test the blockchain and help develop/optimize the program. Do I need to report the transactions on it to IRS? 

Thanks,

Helen

[DawnC]

No, you can ignore the testnet token transactions; those are not real transactions and do not affect your tax return.   

[Helen123]

many thanks. Even getting some free testnet tokens, no need to report them to IRS,right?

Helen

[Helen123]

many thanks. Even getting some free testnet tokens from others or websites, no need to report them to IRS,right? @DawnC 

Helen