Question
When I send crypto I've purchased from an exchange to my own private wallet, a network fee is charged. Are these network fees taxable transactions that I need to report?
Sending crypto to your own private wallets is not a taxable event. But what about the network fees I pay when I send the crypto from an exchange to my private wallet, or when I transfer crypto between my private wallets, or from my private wallet back to an exchange? Network fees can be substantial. Are these fees taxable events that I need to report as a gain or loss?
