Taxes on bitcoin

2020 was my first year using Bitcoin I have no experience with filing taxes, After receiving my 1099-b from cashapp I’m concerned I will have to pay , when in reality I can guarantee the amount of purchases exceeds the amount I sold after receiving a withdrawal

Can anyone (other players) offer some insight on how this works?

Hi @jaxd4343,

While we diligently preserve your right to privacy by providing a fair and secure gaming experience, it is your responsibility to determine what taxation on winnings are applicable within your region or jurisdiction.

If you need a Transaction History, please let us know via PM and we will provide it for you.

Sorry this wasn’t a question to the moderators, this was more of a question to others. I’m not seeking their advice rather their experience

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