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#1
I use Coinbase to buy Bitcoin then deposit into my offshore. And then offshore back to Coinbase then to my my bank.
I just received changes to my 2020 return saying I now owe almost 8k due to “securities” or now “taxable income”. I have never had this before and it is all from Coinbase.
If someone has had this and found a way out please let me know. I had no clue my winnings were going to be taxed : ( And I have to reply to them by November 11th fml.
you may DM me if you don’t want to be public.
My apologies if this is the wrong place for this post.
thank you!
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