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Level 3
posted Feb 13, 2022 1:37:30 PM

trading crypto

OK, in 2020 I started minimally dabbling in Crypto. So, I had a crypto exchange and a crypto wallet. BTC would go into my wallet from my exchange at varying times and leave my wallet, turning into dollars.

Anyway, I now have a gains/loss spreadsheet. There are 16 transactions.

It appears I have to treat it as a sale of assets.

Anyway, here's the easy question:

Instead of inputting 16 separate transactions, can I just put in one figure for costs/proceeds (sum of the 16 components for each)? They are all ST.

BTW, my gain is a whopping $101.

Mel

0 1 281
1 Replies
Level 7
Feb 13, 2022 2:30:13 PM

Yes, you can put them as one transaction. 

 

Click on the link for more information

 

Crypto currency