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March 19, 2021
Question

Where do i report cryptocurrency that i bought in 2020, but have not sold yet?

  • March 19, 2021
  • 1 reply
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i bought bitcoin in tax year 2020, however, i have not sold the currency.  how should this be report on my taxes?

1 reply

March 19, 2021

You do not need to do anything with the bitcoin that was purchased in 2020. It will be reported on your tax return when you sell it.

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