Can I adjust the cost basis for my Coinbase transactions?

3 answers

• Dec 30, 2021 · 3 years ago
  Yes, you can adjust the cost basis for your Coinbase transactions. Coinbase provides a feature that allows you to edit the cost basis of your transactions. This can be useful for accurately calculating your gains or losses for tax reporting. Simply go to your transaction history on Coinbase and look for the option to edit the cost basis. Keep in mind that you should consult with a tax professional to ensure you are accurately reporting your cryptocurrency transactions.
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• Dec 30, 2021 · 3 years ago
  Absolutely! Coinbase allows you to adjust the cost basis for your transactions. It's important to have accurate cost basis information for tax purposes, and Coinbase understands that. You can easily modify the cost basis by accessing your transaction history and selecting the option to edit the cost basis. Remember to keep track of all the changes you make for future reference.
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• Dec 30, 2021 · 3 years ago
  Yes, you can adjust the cost basis for your Coinbase transactions. However, it's important to note that this feature is only available for certain types of transactions. Make sure to check the specific transaction types that can be adjusted. If you have any doubts or concerns, you can always reach out to Coinbase's customer support for assistance. They are usually very helpful and responsive in resolving any issues related to cost basis adjustments.
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