I traded my bcash for bitcoin once Coinbase made it possible to do so. I wouldn't be surprised if many others here did the same thing. As a result I just recently got a 1099k from Coinbase. I'm not quite sure what I'm supposed to do with it. I didn't buy/sell/use/trade anything else last year, I just traded the bcash for bitcoin. Unless I'm mistaken, buying bitcoin with bcash isn't a taxable event. If that is the case, how would I go about informing the IRS of this?
P.S. I wasn't even planning to file my taxes because I didn't have any income in 2018.
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