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Bitcoin taxes using Coinbase
I bought some Bitcoin in 2014 on Coinbase. Not a lot but enough to be taxed. My average cost was 24,000 but after I transferred a third of my holdings to a cold wallet my average cost went to $8000. This should be long-term holdings. When I move back to an exchange, how is this reflected? submitted by /u/ThanksOk5783 [link] [comments]
I bought some Bitcoin in 2014 on Coinbase. Not a lot but enough to be taxed. My average cost was 24,000 but after I transferred a third of my holdings to a cold wallet my average cost went to $8000. This should be long-term holdings. When I move back to an exchange, how is this reflected?
[link] [comments]
