MultiversX Tracker is Live!

Coinbase recorded canceled transactions as taxable income

Etherum Reddit

More / Etherum Reddit 289 Views

Back when ETH had a flash crash, I went to sell off some of my holdings multiple times.

Coinbase canceled those transactions as the price was falling and refunded the Ethereum back into my wallet.

The problem I am having is the cancelled orders are now saved under my transaction report as sell orders.

Am I expected to pay capital gains on sell orders that were cancelled?

Will the IRS know that these were not executed?

Any thoughts Reddit?

submitted by /u/AcidRaindrops00
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments