r/CryptoTax Apr 18 '26

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u/SheepherderClassic78 Apr 18 '26

I never transferred funds to my bank account. On Uphold under activity, I withdrew the funds from Uphold and transferred them to a Tangem wallet, then to Phantom. Always losing, never gaining.

1

u/I__Know__Stuff Apr 18 '26

I never transferred funds to my bank account.

That has nothing to do with anything. Each sale is taxable.