@RobertB4444Thank you for clarifying. I'll use the date I receive the distribution for reporting the new 'income' and for realizing a loss on what I don't get b...
@DaveF1006Thank you for the clarification, Dave and team.You said, "If the loss was recorded on the same date you received the distribution"....Is this a choice...
Hi@DawnC,thanks for the reply.Are you saying I would file it as the sale of 1 BTC for $5,700 and then report $5,700 worth of Bitcoin received from the bankruptc...
@RobertB4444Ok perfect, however, the caveat is we're not receiving cash we're receiving BTC and ETH. If you held any other crypto with Celsius, they converted i...
@RobertB4444He's referring toWorthless or Abandoned which does not apply, we will be receiving a distribution from the bankruptcy. Unless I'm misunderstanding:"...
