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January 29, 2024
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As a crypto mining business, I sold some mined crypto from Coinbase to buy more "mining assets." Does this mean I still need to report as a "sold" from my personal taxes?

  • January 29, 2024
  • 1 reply
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Best answer by PatriciaV

Yes, you must report the sale of all crypto assets, even if you purchased other crypto with the proceeds.

 

See this article for more information: TurboTax Cryptocurrency Guide.

1 reply

PatriciaV
PatriciaVAnswer
Employee
January 29, 2024

Yes, you must report the sale of all crypto assets, even if you purchased other crypto with the proceeds.

 

See this article for more information: TurboTax Cryptocurrency Guide.

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