Post
Topic
Board Legal
Re: US Capital Gains - Unknown Sale Price and Date
by
SFR10
on 13/03/2022, 13:31:10 UTC
However, what is the technique when the purchase price -more exactly, the cost basis-  is known but the sale price and date are not? Let's say that I got 0.01 BTC for $500 in 2021 and I'm sure that I sold it later during the year, but don't know when or for how much. How do I calculate the gain?
Based on everything you presented, I'm guessing you were keeping it in a wallet that didn't belong to an exchange [regardless of its nature]... I believe you can still find the missing information [date and its price at the time of sale] by connecting the dots on an "explorer [look where the output of the first transaction was used as an input]".