H Dario et al,
I've been kind of ignoring cryptos for a while, which included ignoring CoinTracking. You guys have been BUSY! I just signed up for your lifetime service, that's just how awesome I think this service is!
Now, I do have a question. I ran the tax report for 2017 and it told me I had two errors (no buy for a sell). The first time I ran the report, it told me (somewhere) what coins were involved in the error (KMD and BCN). I made some changes in KMD and I could find nothing wrong with BCN. I ran the report again and now it says there is one error somewhere. Unfortunately, I can no longer find where CT told me which coins were involved in the first place and I am a loss to find the error.
Any hints?
Also, I'm not following the logic on mining income. Apparently, the cost basis is being increased by the quantity mined times the price of the crypto on the date the mining was reported to CT. It had the result of increasing my cost per coin such that the unrealized gains dollar amount didn't change. Shouldn't the cost basis of the mined coins be zero??? Done that way, the cost per coin would only show the cost for the initial purchase of coins and only the number of coins held would increase. The only way I could get it to reflect unrealized gains the way I thought it should work is by making a trade transaction "buying" the amount of mined coins and selling $0 USD (or any other coin). Doing it that way left the dollar basis of the coins unchanged, reduced the cost per coin, increased the current balance and showed the gains in Unrealized Gains.
What am I missing here?
One more thing: Do you have a write-up on how to handle forks? (BCH, BTG)
Thanks,
Steve