Do I have to report crypto to the IRS in my scenario?

[lenovo1]

Any time I have bought crypto and sold it, I have sold it for a loss. Other times I have bought crypto, I will instantly send it to another wallet, which I can claim is my own. If this the case, do I have to bother with reporting crypto on my taxes if my only transactions were either a loss or sending to another wallet? I may have a transaction or two where I received crypto and sold it, and I understand I would have to pay tax on that, but they would be relatively small amounts, somewhere around $100. So would this be enough to fly under the radar? And if they found it would I just get a notice stating that I need to pay? I do not have that many transactions, maybe around 50.

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9apps.ooo

Edited by jafif, 11 July 2023 - 03:33 PM.