Coinbase recorded canceled transactions as taxable income
Back when ETH had a flash crash, I went to sell off some of my holdings multiple times.
Coinbase canceled those transactions as the price was falling and refunded the Ethereum back into my wallet.
The problem I am having is the cancelled orders are now saved under my transaction report as sell orders.
Am I expected to pay capital gains on sell orders that were cancelled?
Will the IRS know that these were not executed?
Any thoughts Reddit?
submitted by /u/AcidRaindrops00
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