The-Tax-Lady
Level 8
3 weeks ago
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Client included a Transaction Report from Coinbase reporting the sales and purchases of Bitcoin for 2020.
There is no Cost amount or purchase date on the sales. Checked IRS.gov but I'm still not sure how I figure the gain/loss and short or long term.
Any advice would be appreciated. Thanks.
2 Replies 2
rbynaker
Level 11
3 weeks ago
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If the "Wallet" is not keeping track then you probably need to dump the entire account history into a spreadsheet.
The-Tax-Lady
Level 8
3 weeks ago
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OK, I'll ask the client. Thanks.