When I attempt to do my tax, I downloaded the assertion from Coinbase as .csv file.
The primary sentence from the csv file:
“You should use this transaction report to tell your possible tax obligations. For US prospects, Sells, Converts, and Rewards Revenue, and Coinbase Earn transactions are taxable occasions. For ultimate tax obligations, please seek the advice of your tax advisor.”
Then I’ve this in one in every of my entry. It seem it used “Transformed 0.1000 ETH to 0.1000 ETH2”. The tax app I used additionally handled it as a taxable occasion if I simply add the information. Ought to I let it’s and settle for the capital achieve or ought to I repair it manually? I couldn’t discover a clear guideline.
https://preview.redd.it/7vqn64xwg6d81.png?width=769&format=png&auto=webp&s=3f9c9a1e5cfb6c0e888a5e797e2272fa289e2aa0