I understand that converting any crypto to a stablecoin is a taxable event. But if I bought Bitcoin through one exchange years ago and then moved it to another exchange and converted it to USDC, would I be taxed on the gains from the price of BTC from when I first bought it or from the price when I moved it to the new exchange?
Thanks for any help
Wednesday, November 15, 2023
Tax Question
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment