Post
Topic
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
lofydf
on 05/06/2017, 20:20:38 UTC
I just tested cointracker and i think it's a pretty awsome piece of work when it comes to cointracking and taxes. Thank you very much, i'm really thinking about going Pro when i figured out the last little tricks Smiley

Currently i'm sturggling on how to correctly enter future trades in a manner where they correctly get processed for the tax report.

Example 1 How would i enter a okc quaterlies long trade with 10x leverage

Day 1
open long position of 100BTC leveraged 10x (using 10BTC of my balance)

Day 2
close long with P/L of lets say 2BTC


Example 2 How would i enter a okc quaterlies short trade with 10x leverage

Day 1
open short position of 100BTC leveraged 10x (using 10BTC of my balance)

Day 2
close short with P/L of lets say 2BTC

With the short i'm selling BTC that i didnt buy prior to the trade, resulting in cointracker complaining that my balance is messed up at that trade.