ETH coinbase staking tax in thr US

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ETH coinbase staking tax in thr US

ETH coinbase staking tax in thr US

When I try to do my tax, I downloaded the statement from Coinbase as .csv file.

The first sentence from the csv file:

"You can use this transaction report to inform your likely tax obligations. For US customers, Sells, Converts, and Rewards Income, and Coinbase Earn transactions are taxable events. For final tax obligations, please consult your tax advisor."

Then I have this in one of my entry. It appear it used "Converted 0.1000 ETH to 0.1000 ETH2". The tax app I used also treated it as a taxable event if I just upload the data. Should I let it be and accept the capital gain or should I fix it manually? I could not find a clear guideline.

https://preview.redd.it/7vqn64xwg6d81.png?width=769&format=png&auto=webp&s=3f9c9a1e5cfb6c0e888a5e797e2272fa289e2aa0

submitted by /u/AllenDo
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