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T4Tax
March 25, 2023
Question

financial interest in digital assets question if I ONLY had coinbase purchases

  • March 25, 2023
  • 1 reply
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How do I answer the question near the end of Wages and Income that asks if we "have any financial interest in a digital asset in 2022"?  We ONLY had purchases of coinbase in 2022.   This seems like "financial interest" but the list of activities for the Yes response does not include purchases.   Am I correct to answer "No, we did none of the above with digital assets (or a financial interest in a digital asset) in 2022"?

    1 reply

    P
    PattiF
    March 26, 2023

    Yes, you are correct to answer no to this question.

     

    Please see this TurboTax Help article about cryptocurrency for more information. 

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