Moving crypto between wallets
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I moved crypto from PayPal to MetaMask, then to Stake, and now I have messy gains and losses. Since I don't have a 1099, what are the exact transaction records (such as dates, cost basis, and fair market value) that my CPA absolutely needs to correctly calculate my taxes?
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Look @Jordan your CPA is going to need more than just a 1099 to get this right — they really need the "nitty-gritty" details of your transactions. This means tracking exactly when you bought on PayPal, what it was worth in USD the moment you sent it to Stake, and any fees you incurred along the way.
The good news? Moving your own crypto between wallets isn't a taxable event. However, the IRS definitely wants its cut of your staking rewards and any time you sell or spend your coins. The simplest way to manage this without stress is to export CSV files from your platforms and use crypto tax software. It will save you a ton of manual math and help keep the taxman happy.