Quote from: taipalag on August 06, 2017, 09:00:59 AM

Hi Dario,

During the recent Bitcoin split, I've held my Bitcoins in the Bitcoin Core wallet. Now I'm asking myself how I should enter the additional BCH coins I can claim into CoinTracking. Can you provide some guidance?

Thanks.

Hey taipalag,

I can recommend these 2 methods to enter your BCH:

1) The easy way:
Add your BCH as "gift" with a cost basis of 274.59 USD per coin (the initial price on August 1st).

2) The correct way:
To make it 100% tax compliant, you would have to search for every single BTC transaction you made (before August 1st) and create an additional BCH transaction at the same date/time and with the same amount (just with a 0 USD cost basis).
At the end (on August 1st) you will have the same amount of BCH as your BTC amount in your CoinTracking account.

But if you have hundreds of BTC transactions this method can be quite time wasting.
If you plan to keep your BCH for more than 1 year, you can ignore this method and go with the first one, as your BCH will be tax free anyway.

I hope that helps.

@ALargeOrangeCat:
The calculation you're looking for is on the "Realized and unrealized gains" page.
It will work exactly as described in your post.

The Average purchase price will sum all your coins and calculate one average price.
This can be a nice info but is not a gains calculation.

Best regards,
Dario