Goltax Posted March 23 Report Share Posted March 23 Hello! I did some side hustle last year and received crypto in payment, which i proceeded to sell in multiple transactions (through Wealthsimple, so i got those records). Now, I did not ask for any kind of documentation regarding the work I did, nor did I produce any kind of receipts about them neither. So, how should I report this? Should I just enter the transaction lines as Capital Gain/Losses? Should I report that through the Self-Employment Business section, should I do both...? The total amount in CAD that I received for the crypto was around 18K Thanks! Quote Link to comment Share on other sites More sharing options...
Goltax Posted April 4 Author Report Share Posted April 4 Hi again! Sorry if this is a bother, just wondering if someone might know something about this or not Quote Link to comment Share on other sites More sharing options...
Geo123 Posted April 6 Report Share Posted April 6 Hello Goltax, Report the crypto currency payment at the FX rate, you already booked (as stated above), as revenue in your, for example, >>T2125 Income Statement (in $CAD) IF you incurred capital gains / losses on the actual crypto currency FX changes you incurred, if you kept the crypto currency : >>Capital gains and ABIL >>Virtual currency transactions Quote Link to comment Share on other sites More sharing options...
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