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r/Coinbase • … • u/The_Imerfect_Mango

Taxes with pro.Coinbase transfer to coinbase in 2022

Hi All,

I have some leftover crypto from the beginning of 2022 that I would like to report on my tax return. The problem is that those funds were on pro.coinbase.com which is now shut down as a product.

Learning that pro.coinbase would eventually be shut down in favor of the normal coinbase.com, I transferred the funds to the Coinbase account at some point in 2022. That's all fine and dandy.

Now that tax season is on its way, I'm checking and it seems that Coinbase doesn't have insight into Pro.Coinbase's activity for tax purposes. The transfer from Pro.Coinbase to Coinbase shows up as transactions that occurred outside of Coinbase and so they don't have a cost basis they can calculate.

Disregarding the fact that that is annoying (considering the same company owns both products and so should be able to derive total costbasis), how can I fix this?

Do I have to use CoinTracker and put in both info from Pro.Coinbase.com and Coinbase.com to come up with total values to report?

Thanks!

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