[Crypto Currency] Coinbase Pro moved to Coinbase - Oct 2022

Forum|Forum|3 years ago
February 12, 2023
1 reply
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Dear Community,

Coinbase Pro moved to Coinbase back in Oct 2022, however it is not super clear if the transaction history was port over to Coinbase properly,

I wonder:

1.) When we use the Turbotax online to import via Coinbase, does it accurately included everything?

2.) What about Crypto i purchased in Coinbase Pro, have not yet sold in 2022, and therefore not yet have sales hisotry, will these information properly tracked in the future within Coinbase

Thanks

JamesG1

When we use the TurboTax online to import via Coinbase, does it accurately included everything?

I have seen posters refer to comparing downloaded IRS form 1099-B Proceeds Statements to .csv files that are also available from the same provider. However, i am sure that would be a difficult task if you are reporting a large number or transactions.

What about Crypto i purchased in Coinbase Pro, have not yet sold in 2022, and therefore not yet have sales history, will these information properly tracked in the future within Coinbase.

In such a case, there is no sale reported in 2022 and the data will not be reported on the downloaded 1099-B Proceeds Statement or the .csv. You would have to refer this question to the service provider.

@bohueilin

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