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Did you get a 1099 from Coinbase?

...
Big casino
  02/15/19
no, and the absurd thing is i sold a seven fig sum. the crit...
Wonderful salmon psychic
  02/15/19
nope, waiting until ETH is at $1400 again before I sell
smoky market scourge upon the earth
  02/15/19
should I sell all of my crypto ($350 ETH and $350 BTC bought...
Odious puppy mood
  02/15/19
Yes, you can take the loss as you would for other securities...
smoky market scourge upon the earth
  02/15/19
take the loss, then repurchase. the amount of money you have...
Wonderful salmon psychic
  02/15/19
(Wash sale masterman)
swashbuckling field
  02/15/19


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Reply Favorite

Date: February 15th, 2019 4:47 PM
Author: Big casino



(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788729)



Reply Favorite

Date: February 15th, 2019 4:50 PM
Author: Wonderful salmon psychic

no, and the absurd thing is i sold a seven fig sum. the criteria is dumb: 200 transactions AND over $20K in value transacted. you can sell tens of millions of dollars worth of crypto and not get a 1099 if you do it under 200 transactions.

(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788749)



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Date: February 15th, 2019 4:51 PM
Author: smoky market scourge upon the earth

nope, waiting until ETH is at $1400 again before I sell

(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788754)



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Date: February 15th, 2019 4:52 PM
Author: Odious puppy mood

should I sell all of my crypto ($350 ETH and $350 BTC bought in January 2018 right before the crash) and just take the loss? Its laughable right now. Can you even do that with crypto?

(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788762)



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Date: February 15th, 2019 4:55 PM
Author: smoky market scourge upon the earth

Yes, you can take the loss as you would for other securities.

(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788789)



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Date: February 15th, 2019 4:59 PM
Author: Wonderful salmon psychic

take the loss, then repurchase. the amount of money you have left in crypto is small enough that you can think of it like a lotto ticket.

(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788813)



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Date: February 15th, 2019 5:24 PM
Author: swashbuckling field

(Wash sale masterman)

(http://www.autoadmit.com/thread.php?thread_id=4202445&forum_id=2#37788927)