Virtual Currency

[sjurbanski]

I just signed off for my CPA to file my return and then she gave me the copy of the return and when I got home I noticed a question about Virtual Currency. I didn't realize that that question was there. I got like 20 bucks in free Crypto on Coinbase last year and bought some Eth Bitcoin and Litecoin on Robinhood but didn't sell in 2020. I didn't get any sort of documents from either Coinbase or Robinhood so I didn't think I would have to do anything. What do I do now? Do I have to do an amended return?

[ReneeM7122]

No, you do not have to amend your return.  If you sell it, you will report the cryptocurrency.