Since you sold the crypto, it's considered a capital gain/loss. You'll need to report each transaction individually using the records from Wealthsimple. Make sure to calculate the gains/losses for each transaction and report them accurately.
As for your work, if it wasn't formal employment, you don't need to report it under the self-employment section. The capital gains reporting already covers the earnings from your side hustle.
If you need further assistance, consider consulting a tax expert to ensure everything's in order. By the way, have you checked a white label crypto exchange? It might be useful for your future crypto endeavors.
Reporting sales of crypto that was received for freelance payment
in Reporting income
Posted
Since you sold the crypto, it's considered a capital gain/loss. You'll need to report each transaction individually using the records from Wealthsimple. Make sure to calculate the gains/losses for each transaction and report them accurately.
As for your work, if it wasn't formal employment, you don't need to report it under the self-employment section. The capital gains reporting already covers the earnings from your side hustle.
If you need further assistance, consider consulting a tax expert to ensure everything's in order. By the way, have you checked a white label crypto exchange? It might be useful for your future crypto endeavors.