Users may experience:
  • Internal Coinbase transactions are being categorized as both "send" and "receive" within the same wallet.
  • As a result, the cost basis for these transactions is lost.
Expected behavior:
  • Internal transactions within the same wallet should not lose their cost basis.
As a user, what should I do?
  • There currently is not a direct workaround for this bug and it will need a fix from the team. We appreciate your patience while we work to resolve this.
Keywords: internal transactions, cost basis, tax calculations