Quote from: BTCtrader71 on March 02, 2017, 03:25:13 AM

Quote from: bitcointaxes on March 01, 2017, 06:01:54 AM

It's active, although don't have integration into OKCoin futures.

Depending on the volume, send a message to support with any data you have and I'll see what we can do. I know some of the accountants we list have dealt with clients with similar data.

Thanks. I just left a message through the website with this question.

So I got a reply through website support to enter them as a SELL at the market price. But that doesn't make sense to me.

My original question: I lost some bitcoins going long on OKcoin in 2014. My first instinct was to treat them as a regular trade, as if I had sold them for $0 (which is effectively what happened from my perspective), but my accountant told me at the time to treat them as a capital loss at the then-current price. In other words, if I lost one bitcoin in 2014 going long at $600 with closing of the long position occurring at $400, then that counts as a $400 capital loss, with "cost basis" playing no role in the calculation.

If I entered at SELL of 1 bitcoin at $400, that would trigger a capital gain (assuming cost basis going back to 2011), which doesn't make sense to me in the context of a trade that ought to be a capital loss. Maybe I am missing something?

This is an important question to have answered for the sake of increasing the utility of www.bitcoin.tax.