How to declare crypto you bought for a friend/family?

Tax Questions
1

I bought some crypto for friends/family at some points in time. I didn’t want to do it as I figured it would complicate my taxes…which it has…

I transferred all crypto assets that were theirs to their own wallets and I know which transactions were related to them.

Can I simply delete the transactions related to friends/family? or do I need to include it in my taxes?

Also, I am in Canada if that makes any difference.

2

In my understanding, I would put this trade in my taxes. I would make sure you don’t have any gains on those trade or fee. And add a note bought for : xxxx xxxx enter the name of the person because it is illegal to sell crypto in canada and not keeping track of the name to who you sold it.

3

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