Search content
Sort by
Showing 20 of 22 results by happy9z
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
Quote
1)Then I sent the 2 ETH ≈ $1,685.02 that I bought from Coinbase to Binance on 12/19/17
Price per coin is $842.51
Fee is 0.00070980 ETH
2) Then on 12/19/17 I bought 165.20 ICX at 0.002685 on Binance, and the fee was 0.16520000 ICX. The total was 0.44356200 ETH
Price per coin is $842.51
Fee is 0.00070980 ETH
2) Then on 12/19/17 I bought 165.20 ICX at 0.002685 on Binance, and the fee was 0.16520000 ICX. The total was 0.44356200 ETH
I post like this:
1) This is for Transfer from Coinbase to Binance on 12/19/18
Type and Date
Transaction Type: Transfer,
Transaction Date: 12/19/18
Transfer Amount
Amount: 2 ETH
Currency: ETH -> Ethereum [Coin]
Transaction Fee
Amount: 0.00070980
Currency: Currency: EETH -> Ethereum [Coin]
2)This is for I bought 165.20 ICX on Binance
Transaction Type: Trade (Exchange)
Transaction Date: 12/19/18
Buy
Amount: 165.20
Currency: ICX -> Icon [Coin]
Sell
Amount: 0.44356200
Currency: ETH -> Ethereum [Coin]
Trading Fee
Amount: 0.16520000
Currency: ICX -> Icon [Coin] I am not sure if this fee is in ICX or ETH. On Binance it shows like 0.16520000 ICX. Please let me know if I should put it in ICX or ETH?
Would you please let me know if I am correct for 1) and 2) ?
Thanks CoinTracking Dominik!
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
12/19/18 I bought 2 ETH = $1,762.04 on Coinbase, Coinbase fee was $67.61
I recorded:
Transaction Type (Trade (exchange))
Transaction date : 12/19/17
Buy: 2
Currency: ETH
Sell:1762.04
Currency USD
Trading Fee
Amount: 67.61000000
Currency: USD
Is my above recording correct?
Then I sent the 2 ETH ≈ $1,685.02 that I bought from Coinbase to Binance on 12/19/17
Price per coin is $842.51
Fee is 0.00070980 ETH
Then on 12/19/17 I bought 165.20 ICX at 0.002685 on Binance, and the fee was 0.16520000 ICX. The total was 0.44356200 ETH
How can I record these transactions? Would you please help?
Thanks!
I recorded:
Transaction Type (Trade (exchange))
Transaction date : 12/19/17
Buy: 2
Currency: ETH
Sell:1762.04
Currency USD
Trading Fee
Amount: 67.61000000
Currency: USD
Is my above recording correct?
Then I sent the 2 ETH ≈ $1,685.02 that I bought from Coinbase to Binance on 12/19/17
Price per coin is $842.51
Fee is 0.00070980 ETH
Then on 12/19/17 I bought 165.20 ICX at 0.002685 on Binance, and the fee was 0.16520000 ICX. The total was 0.44356200 ETH
How can I record these transactions? Would you please help?
Thanks!
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
12/19/18 I bought 2 ETH = $1,762.04, Coinbase fee was $67.61
I recorded:
Transaction Type (Trade (exchange))
Transaction date : 12/19/17
Buy: 2
Currency: ETH
Sell:1762.04
Currency USD
Trading Fee
Amount: 67.61000000
Currency: USD
Is my above recording correct?
Then I sent 2 ETH ≈ $1,685.02 from Coinbase to Binance on 12/19/17
Price per coin is $842.51
Fee is 0.00070980 ETH
Then on 12/19/17 I bought 165.20 ICX at 0.002685 on Binance, and the fee was 0.16520000 ICX. The total was 0.44356200 ETH
How can I record these transactions? Would you please help?
Thanks!
I recorded:
Transaction Type (Trade (exchange))
Transaction date : 12/19/17
Buy: 2
Currency: ETH
Sell:1762.04
Currency USD
Trading Fee
Amount: 67.61000000
Currency: USD
Is my above recording correct?
Then I sent 2 ETH ≈ $1,685.02 from Coinbase to Binance on 12/19/17
Price per coin is $842.51
Fee is 0.00070980 ETH
Then on 12/19/17 I bought 165.20 ICX at 0.002685 on Binance, and the fee was 0.16520000 ICX. The total was 0.44356200 ETH
How can I record these transactions? Would you please help?
Thanks!
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
dont panik!! im very happy because i have now 1870 bcc thanks to panik seller!!!! wait few time because we will see bcc come back to 300 dollard easy! its a good coin and panik seller decrease the price... but its the best time to buy and do a big profit for 2018. just hold and thanks me later im mathadorre remember me! because thank to me you will win a big profit! the team work hard and this project will be more strong this years and next years. weeeeeeeee bcc the best
This secret has been reveled who is buying this priceless coin keep buying soon you are gonna be next millionaire. But this is very insane while we have so many promising project which have solid team anywau you have your own way of thought so keep doing this as long as you can.
Are you talking about the hundreds of ICOs that are 100% premined and just sell and vanish? Just look at all the ICOs from Nov and Dec. Sold out, bubble burst and GONE with the ETH they collected.
It's all a bubble.
BCC will actually go up at least 30X from here.
Lol, Bitconnect is a scam. It will be around 1$ soon. People never learn
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
Quote
Sell of 0.00001763 BCH for 0.00000141 BTC at Bittrex 10.08.2017 16:58:41
Sell of the remaining 0.00001763 BCH
There is no suitable purchase to this sale (all purchasing pools consumed). Assuming purchase on the same day for 0 USD.
Cost Basis: 0 USD
Proceeds: 0.00 USD (Price: 274.09045939 USD / BCH)
Gain/Loss: 0.00 USD
Tax: 0.00 USD | Short-Term
Sell of the remaining 0.00001763 BCH
There is no suitable purchase to this sale (all purchasing pools consumed). Assuming purchase on the same day for 0 USD.
Cost Basis: 0 USD
Proceeds: 0.00 USD (Price: 274.09045939 USD / BCH)
Gain/Loss: 0.00 USD
Tax: 0.00 USD | Short-Term
Hi cointracking,
Do you know how to fix this one? Would you please help?
Thanks,
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
@happy9z:
You need to enter your BTC purchase as well in order to calculate the gain.
Right now it looks like you sold 1.99995106 BTC without ever buying them, which leads to this red warning.
@SteelHead:
The upgrade price is based on USD.
If the BTC price changes, the price on CT will change automatically.
But I will add more decimal places to the price soon, in order to make changes easier to track.
Best,
Dario
You need to enter your BTC purchase as well in order to calculate the gain.
Right now it looks like you sold 1.99995106 BTC without ever buying them, which leads to this red warning.
@SteelHead:
The upgrade price is based on USD.
If the BTC price changes, the price on CT will change automatically.
But I will add more decimal places to the price soon, in order to make changes easier to track.
Best,
Dario
Got it, thanks ^_^
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
Quote
Sell of 1.99995106 BTC for 20.09090151 ETH at Bittrex 31.05.2017 16:09:02
Sell of 1.99995106 BTC
There is no suitable purchase to this sale (all purchasing pools consumed). Assuming purchase on the same day for 0 USD.
Cost Basis: 0 USD
Proceeds: 4,611.43 USD (Price: 2305.77000000 USD / BTC)
Gain/Loss: 4,611.43 USD
Tax: 691.71 USD | Short-Term
Sell of 1.99995106 BTC
There is no suitable purchase to this sale (all purchasing pools consumed). Assuming purchase on the same day for 0 USD.
Cost Basis: 0 USD
Proceeds: 4,611.43 USD (Price: 2305.77000000 USD / BTC)
Gain/Loss: 4,611.43 USD
Tax: 691.71 USD | Short-Term
Hi Cointracking,
This is from TAX REPORT tab from cointracking. On 05/31/17, I transferred 1.99995106 BTC to buy 20.09090151 ETH. This date is the first date I transferred BTC to bittrex. I only bought and didn't sell. However, I see the Gain $4,611.43 USD, and Cost Basis is $0.
The cost basic should be $4,611.43, and the gain should be $0. Is there something wrong with the report? and How can I fix?
Thanks,
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
Dear Cointracking,
I imported from Bittrex and it shows all my trades. Does cointracking support Bitcoin Cash? I traded BTC/BCH on Bittrex, but I dont see any amount under Realized Gain/Loss ? Are Trading Fees included in Realized Gain/Loss ?
If trading fees are not included, so the taxable amount = Realized Gain/Loss - trading fees. Am I correct?
Thanks,
I imported from Bittrex and it shows all my trades. Does cointracking support Bitcoin Cash? I traded BTC/BCH on Bittrex, but I dont see any amount under Realized Gain/Loss ? Are Trading Fees included in Realized Gain/Loss ?
If trading fees are not included, so the taxable amount = Realized Gain/Loss - trading fees. Am I correct?
Thanks,
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
I just create an account with cointracking.info. I already input csv from bittrex. For paying tax, I go to Reporting>Realized and Unrealized Gains. This shows me 2 sections :
1) Unrealized Gain/Loss
2) Realized Gain/Loss
So for the tax purpose, I need to pay the tax for the amount on Realized Gain/Loss in this section. Am I correct?
1) Unrealized Gain/Loss
2) Realized Gain/Loss
So for the tax purpose, I need to pay the tax for the amount on Realized Gain/Loss in this section. Am I correct?
to the moon Quote
Wowwww!!!!!! The guy who predicted ETH would rise from $10 to $360 (18 months ago) says OMG may be worth $700 in the near future!
https://pbg-assets.s3.amazonaws.com/editorial/pbo/201708/20170817-pbo-monthly.pdf
https://pbg-assets.s3.amazonaws.com/editorial/pbo/201708/20170817-pbo-monthly.pdf
Just repost to reread this article
Love it Seems unfortunate that no one can participate in the US :/
That's why we need to buy it as soon as bittrex lists it.