Why did you have to report transfers to/from cold storage, as there are no capital gains involved?

More to the point, why would you transfer out of cold storage? ;)

Reply to this note

Please Login to reply.

Discussion

As far as the exchange is concerned, when you transfer the corn to cold storage that counts as a sell I believe. That is the point where the paper trail ends as far as I know. Maybe #[2]​ can comment

Definitely NOT a sell, as there was no exchange for fiat. Are you sure the exchange listed it as a sell? If so, what exchange? I hardly ever use centralized exchanges, but I'll be sure to avoid any that does list withdrawals as a sell.

If you look at something like taxbit, transfers in and out are tracked differently from sells and buys. But tracking fees is the annoying part (to me).

nostr:note1fkcyyc6y5vf06ytmn6fjdxxa6geq5q60ltdldpvntsa4hjv5efeqsfek4e