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February 21, 2024
Question

I have crypto in Wealthsimple. I sold some Solana on 9 Dec, but it remains in my Wealthsimple crypto account. Do I have to report that as income on my 2023 tax return?

  • February 21, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    February 21, 2024

    Yes. If you sold crypto, you need to report the income as a Capital gain/loss, even if you didn't sell the full amount you owned.