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New posts. Wallet to wallet transfers can be done via "Shares Transferred Between Accounts" which doesn't change the cost basis or cash sub-account. Ask a Question. Which is best? Search See what wallet i sent bitcoin to bitcoin fork dat search…. For a better experience, please enable JavaScript in your browser before proceeding. May 2, Another problem is how to track the upfront capital investment required to mine that will not be reflected in the received cryptocurrency's cost basis. Ask a Question Want to reply to this thread or ask your own question? After that, you can post your question and our members will help you .
New posts. That will deposit the currency equivalent into the cash sub-account and should incur a capital gains liability. Ask a Question Want to reply to this thread or ask your own question? Search forums. But for the former, you can put the entire currency equivalent of the transaction into the commission field to net out the cash sub-account or for the latter you can use or transfer to another account that currency equivalent as capital and the cost basis for shares of a new cryptocurrency you bought. For a better experience, please enable JavaScript in your browser before proceeding. My understanding of the last option is that it will affect the cash sub-account as it is actually two transactions in one "Inc - Income Div, Int, etc. Last edited: Another problem is how to track the upfront capital investment required to mine that will not be reflected in the received cryptocurrency's cost basis. The second option may change the cost basis without affecting the cash sub-account. You'll need to choose a username for the site, which only take a couple of moments. Since the IRS was stupid and decided to declare all cryptocurrency transactions as property unlike currency as other countries have done, it makes it problematic for deciding how to track in Quicken. Forums New posts Search forums. Oct 3, You must log in or register to reply here.
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