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Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 17. (Read 122619 times)

member
Activity: 864
Merit: 52
@Stradic
We do offer support in German or English language only. So I used a translate software to understand your inquiry. Please send us ([email protected]) the CSV file to check if they have the mandatory information in the file and if it is importable via custom CSV importer. We would add a direct importer then to our improvement list.
newbie
Activity: 1
Merit: 0
Hola a todos!

Seria posible que integraran el wallet Zelcore. Este wallet tiene la posibilidad de exportar un CSV, pero cuando lo intentas importar encuesta algunos errores como la fecha y no se puede completar la importación. Creo que seria bastante sencillo hacer la integración por vuestra parte.

Gracias! Un saludo
member
Activity: 864
Merit: 52
@moonmaths
if you want it not leading to gain/loss then please add as trade with "swap" as trade group as described here "Swap ETH to ETH2 and Staking ETH2"(https://cointracking.freshdesk.com/a/solutions/articles/29000038505?lang=en)
Otherwise this FAQ might be helpful: "How to add NFT or IDO transactions" (https://cointracking.freshdesk.com/a/solutions/articles/29000038312?lang=en)
newbie
Activity: 26
Merit: 0
Question on WETH (swap unswap). 

I receive 1 WETH on Jan 1.  unwrap on Feb 1 for ETH.  wrap unwrap etc between two logically equivalent things. 

How do I correctly log the wrapping and unwrapping if I want to keep the original basis price and date for tax purposes on subsequent sale for a different non-equivalent token? 
member
Activity: 864
Merit: 52
@Argon007
If they are not part of the "generate all statement" Binance do not offer those transaction data via extract. So you have to add them manually here.
@moonmaths
possibly others have some experiences here. We have a FAQ here "How to add NFT or IDO transactions" (https://cointracking.freshdesk.com/a/solutions/articles/29000038312?lang=en)
newbie
Activity: 26
Merit: 0
Is there any canonical way I should be editing Opensea offer acceptances (for WETH)?   
Cointracking is currently showing "income" of 10 Weth for the offer.  In a separate line, it shows Coinbases take as a withdrawal (1 Weth).  Later, when I get my secondary sales income, the income is again added in (+0.1 Eth). 

I need to pay taxes on 10-1 Weth at time of sale and another 0.1 eth at time of secondary sale payment.  Is there a neat way to do this?
newbie
Activity: 4
Merit: 0
@Argon007
This is possible to use CSV for one account and API for the other.
Just make sure you add a "custom exchange name" to your API job like "Binance Account 2" and you can thing about bulk edit the transactions which you add via CSV regarding exchange name e.g. from default "Binance" (no custom name possible via CSV!) to "Binance Account 1"

Great, Thanks for the answer!
Another problem that I discovered now: I've imported 4 Binace accounts via the CSV files. But they don't take into account "Convert small Balance into BNB". So I have a lot of those little left overs.
What is the easiest/smartest way to get those balances at 0?

Mark those balances as "lost"?

Thanks!
member
Activity: 864
Merit: 52
Yes we are working on AVAX already.
sr. member
Activity: 422
Merit: 250
It should be easy to add now Avalanche support with the new etherscan explorer: https://snowtrace.io/apis
member
Activity: 864
Merit: 52
@paulthetafy
We have no direct contact here and we are only a user from their API beside many others. So thank you for your patience here.
hero member
Activity: 820
Merit: 1000

@paulthetafy
Please check the status with Polygon on their social media for news. And you can contact them for status update. We won´t change the provider for now as it would take weeks.

Please can you reach out and put some pressure on the guys at polygonscan?  As a paying customer, I am not able to use your service right now - it's not my responsibility to check on the status of your third-party integrations.

Thanks
member
Activity: 864
Merit: 52
@Argon007
This is possible to use CSV for one account and API for the other.
Just make sure you add a "custom exchange name" to your API job like "Binance Account 2" and you can thing about bulk edit the transactions which you add via CSV regarding exchange name e.g. from default "Binance" (no custom name possible via CSV!) to "Binance Account 1"
newbie
Activity: 4
Merit: 0
I'm also new to this and have a question.

Can I upload orders from a Binance account via CSV AND also connect cointracking via API to another Binance account?
I've seen that you can't mix API and CSV imports on cointracking.info, but is this account based or not?
member
Activity: 864
Merit: 52
@samhayne
This is technically only possible to add 16 digit numbers right now. So you have 2 manual options now:
1. Split transactions into 16 digit transactions at the same time
2. Use "Mega" or "Giga" SHIBZ to shrink the digits and add a custom price to this GSHIBZ then (like some exchanges do with DOGE -> MDOGE).
jr. member
Activity: 40
Merit: 1
@samhayne
what you mean by cap problem? the amount is wrong which comes in via API?

See the pictures above.

I purchased:
108.977.392.383.578.560,00 SHIBZ

The transaction auto-imported from the wallet only shows:
9.999.999.999.999.999,99 SHIBZ

I also can't increase the number manually. It seems to be the highest number allowed per transaction in Cointracking.
So I added 11 transactions, each with 9.999 quadrillions, until I reached the 108 quadrillion SHIBZ I actually have.

The dashboards though still shows only 10 quadrillions.
The overall € value is also totally wrong.


To reproduce:
Try to add 108977392383578560 coins to your account.
member
Activity: 864
Merit: 52
@MrTice
Could you explain in more detail what you are doing or want to do here?
@samhayne
what you mean by cap problem? the amount is wrong which comes in via API?

jr. member
Activity: 40
Merit: 1
@samhayne
SHIBZ is the current and correct ticker for Shibazilla and value is zero. Please rename your coin into this ticker.

Hey Andreas.
Didn't do so because Cointracking will then calculate an insane value for the coins.
And the cap problem stays the same.

See:
https://i.ibb.co/Q8gcs4J/Bild-2021-10-31-224644.png
(actual value is just a few euros)

Anyway I switched to SHIBZ now and I'll set a manual value of 0 for now... but the cap problem is still there.
Seems like the cap only limits import amounts and the amount shown in the dashboard.
It's fine in the exchange overview... well... at least after I aggregated the total amount up by adding multiple transactions, each using CoinTracking's maximum amount of coins per transaction of 9999999999999999,99999999.

Aggregated transactions:
https://i.ibb.co/GQCYHpC/Bild-2021-10-31-230249.png

Exchange overview:
https://i.ibb.co/phn2xK2/Bild-2021-10-31-230616.png
(The 2,500BTC value estimation is... a bit off here too of course  Cheesy)
newbie
Activity: 1
Merit: 0
Hi,

I'm trying to fetch the balance of each trade-group AND what wallet/exchange the balance is on, using the API. How do I do this?

Best,
Teodor
member
Activity: 864
Merit: 52
Add all transactions as they appear
1. income of USDT 10k on 29.10.2021
2. spend of USDT 2k on 31.10.2021
This is it.
Then you see the spend amount on the trade list (full view) report - manual way.
And the income on your income report as part of your tax report.

If you have more spend+income transactions you see the sum of those.
newbie
Activity: 3
Merit: 0
You could use "other expense" but the result will be the same. The easiest way is to summarize you spend on the trade list e.g. per year and deduct it manually from your income.

OK - thanks.

I have a question regarding what to do in CoinTracking in this scenario.

eg.
Income = 10,000 USDT
Spend.X = 2,000 USDT

In my scenario, I want the Spend.X transactions to be 'Income - Expenditure = 8,000 USDT'.

From what I now understand, there is no way to do this in CoinTracking and I need to tag all the 'Spend.X' transactions that require this treatment, then total them, so I can manually deduct the 'Spend.X' transactions from Income...

However, what happens within CoinTracking / what do I need to do within CoinTracking?

Will this lead to a doubling up of how those Spend.X transactions are treated?
ie. the 2,000 USDT is in CoinTracking as a 'Spend' transaction...yet I'm also manually totalling them and deducting them from income...

Thanks for your assistance.

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