Post
Topic
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
biologygeek
on 01/02/2018, 02:28:12 UTC
I have the unlimited version.  Imported all data and set up api.  Trade statistics look close on the chart.  When I cashed out completely at one point just after the end of the year, it was only off by about $300 on my trade statistics chart (thinks I left behind $300 worth of something... not my real major issue here though). 

All that looks great... However, when I run a tax report the gains show much much higher (>600k usd value!) than the actual value shows of all of my holdings on the trade statistics chart for the year of 2017 (>300k usd).  Am I missing something, or are these calculated so differently that my "gains" would calculate way higher than my entire portfolio value by the end of the year?  Yes, I did a lot of trades in 2017.. a LOT... more than 13,000 entries!  Still, this seems very odd that my "gains" would calculate so much higher than my portfolio value at the end of the year.  How can they be "gains" if I don't have them in my actual value...?  Help, please!  Anyone else have any idea what could be going on?