Post
Topic
Board Service Announcements (Altcoins)
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
CoinTracking Dominik
on 15/01/2019, 23:01:11 UTC
I have a question about the new OPTI tax calculation method: Does it take into consideration how much of each purchase pool was sold in previous years' tax reports when deciding what to sell for this year? For example, let's say I calculate my 2016 and 2017 taxes with LIFO and then use OPTI for 2018. Doesn't it need to be aware of the calculation method used for previous years so it knows how much of each purchase pool is still available? In the United States we have to specify all of that when we report our taxes--I used the "tax declaration export" of CoinTracking. It would be a mistake to use the same purchase pool twice for different year tax reports, so want to ensure that doesn't happen. Hopefully my question is clear, thank you in advance.
You can choose another method for the new year. But the method should always be the same as from the previous tax year. Because if you want to take the calculations from the previous year with you in the tax report, these data will also be calculated in the selected method. 


Hey guys,

I don't get the KUCoin Bonus working. With the API importer
My thoughts are that the KuCoinShares are getting updated and summed up in Cointracking, is that wrong?

I use this api import features:

import kucoin bonus
aggregate kucoin bonus


greetings

Could you please submit a ticket through our HelpDesk (https://cointracking.freshdesk.com)? Then we can check the problem with your account. Thank you.