I don't understand that one, since the Fees are supposed to always be included in the cost of each trade (see: "Please note that the purchase and sale values displayed on CoinTracking already include all fees. (
https://cointracking.freshdesk.com/en/support/solutions/articles/29000007202-entering-fees)")
So if the fees are included in the purchase price, the gain or lost would automatically take account of those right? If we do like they say and substract all the fee from the total gain result of the tax report we would be substracting them twice no???
I also would very much like to know the answer to this question!
If a user bought and sold 1 LTC for 99 USDT with 1 USDT fee each trade, which of the two formulas below does CoinTracking do?... Sell 1 LTC -> Trade | Buy 98 USDT | Sell 1 LTC | Fee 1 USDT <- Placeholder field not included in calculations other than Fees page.
Buy 1 LTC -> Trade | Buy 1 LTC | Sell 100 USDT | Fee 1 USDT <- Placeholder field not included in calculations other than Fees page.
Possible formula A -> Gain
= ((Sell price - Sell fee) - (Buy price + Buy fee)) / (Buy price + fee)
= ((99 - 1) - (99 + 1)) / (99 + 1)
= (98 - 100) / 100 = -2% Gain
Possible formula B -> Gain
= (Sell price - Buy price) / (Buy price)
= (99 - 99) / (99) = 0 / 99 = 0% Gain
So which is it... formula A or formula B?