Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 26. (Read 122902 times)

@scatterbug
Yes, but we focus on Top15 coins in terms of market cap first. Thank you for your patience here.

@vampyz
Yes you can combine those trades into one entry.
If an API provides those data we would import all of them separately as it has different TradeIDs. 

Hello, I am currently wanting to input trades from an exchange that isn't supported, but I had a question about this. The CSV and other types of importing provides errors so I thought of just doing it myself.

My question is, sometimes 1 trade has multiple entries due to filling and what time it was filled at. Can I add all those entries for that 1 trade (adding the fees as well) and make one singular entry on cointracking?


Example: I buy place an order to buy 1 BTC and I have 5 entries (on the exchange) that say I got filled for .2 with a second or so in between.

Instead of manually inputting 5 entries for that 1 trade, I simply add all the entries (which will equal 1 BTC)and the corresponding fees. For the transaction time, I would take an average.


Thanks and I hope this wasn't confusing of a question

@Andreas_CoinTracking
Do you plan to integrate a blockchain importer for the Polygon/MATIC network?

@theratears
We do not support this wallet yet. For now, you can enter the transactions either manually on the "Enter Coins" page, with the "Excel Import" (all transaction types are supported) or with the "Custom Exchange Import" (only trades, deposits, withdrawals are supported). Both are very flexible and customizable and data can be uploaded in a bulk action.

Is there a way to add in a sollet.io wallet or track transactions on the solana network?

@Andreas_CoinTracking my question is already fully answered with your response. All clear and thank you very much!

@lifeiscrypto
@elwon20
Please send us a ticket or E-Mail to [email protected] with your username and description to check your accounts.

A fee that is part of a trade gets added to the buy or sell amount of the trade and is therefore already part of the cost base. These fees are also displayed in the fee field, which in turn feeds the Trading Fees page. The fee field does not reduce the purchase pool. Most countries do not allow to deduct these fees as they are already part of the cost base and therefore they are not listed in the tax report. Should you be allowed to deduct them, please get the total from the trading fees page (https://cointracking.info/fees.php) and do so manually.

In the case that the fee is in a different currency than the two coins traded or the fee for a withdrawal is in a different coin than the coin sent, these fees can not be included in the transaction and therefore an additional transaction is necessary to reduce the purchase pool. These "third currency coin fees" are imported as "other fee" and then in turn listed in the fee report of the tax report, because they are legal to be deducted from the capital gains.

Hi, this issue is still ongoing for me 😞

Hi,

Is this still true? https://cointracking.freshdesk.com/en/support/solutions/articles/29000018276-missing-fees-in-the-tax-report

I noticed a difference on this since I did my tax reports on 2019 and now, I see now as part of report a summary of all the fees.

@Nerome
We are focused in the Top15 blockchains first.

@asdsvsdf
not all crypto income is taxed the same way therefore we do not upload the income report as a whole. Please enter your income manually in the respective section of the tax form. You find them on the income report as part of your tax report.

in the Tax reports I know you can export trade data in Turbotax format. Does this include the income reports too (i.e. staking income, gifts, etc)? if not, how would I import this data into Turbotax if I had a lot of staking income transactions?

i.e. lets say I have ten staking income transactions for 100 FOO (fake coin for this example) each. I immediately sell FOO on income for USDC after every staking income transaction. As such, I have capital gains records in the TurboTax file for the trade, but is the income of 1000 FOO in total included in the Turbotax export too? If not, how do I report this income on my taxes/import the income specific transactions into Turbotax?

Hey there, is there any plan to add Fantom (FTM) network to blockchain support?
https://ftmscan.com/

@danjacksonuk
thank you for the design input. I will share this with our team.
@asdsvsdf
All transactions before midnight are included in the date filter setting.

thank you for confirming this!!!

for any lurkers, I fixed my issues by basically going tx by tx on etherscan and comparing the 'State' tab on each transaction with my logs. This is much clearer to reason about so I recommend this if anyone else has balance issues

and of course thanks Andreas for the solutions and timing answer. Re: your quote about the cutoff time being midnight, this is 00:00:00 relative to entered trades?

Hi Andreas

I love doing graphic design work for fun. Done a little modernisation of the site. Have a look here. Best tracking site out there but is definitely dated design. Here is my design, not much different from what's already live

https://dl.dropboxusercontent.com/s/yz02pe802mylenj/CoinTracking%20SIte.jpg

@elwon20 and all
This is a mistake from our end. We will remove those duplicates automatically by tomorrow latest. So there is nothing to do here from your end.
Sorry for the inconvenience this causes.

Woke up this morning and my Bitfinex balance was way off.

Deleted all Bitfinex transactions and re-imported them. Same thing.

Noticed the 'API v2' message for margin trades (which I have used in the past) and checked that box, deleted all transactions and re-imported them again... still way off.

Did something change recently?

I only notice this on exports, but not on backups.
I.e. when I enter a custom cost basis (be it for listed or unlisted coins) and make a backup, then restoring from that backup also restores the cost basis.

I have a few transactions with custom values myself, so I made sure the backups restore those values.
But just to be safe I rechecked just now to confirm:
- Added a trade to buy 23 YYY (unlisted coin) for 42 USD
- Entered a custom YYY buy value of 8.15 USD
- Saved a backup
- Deleted all trades
- Restored from backup
-> Custom value of 8.15 USD was also restored.

1) The time is midnight from the day before. So if you add 1/1/2021 you get midnight 31/12/2020.
2) You can just compare transactions here e.g. using missing transaction report. https://cointracking.info/missing_transactions.php You can try using our new ETH importer instead which is beta state (https://cointracking.info/import/eth_address_new/)
3) backup - we have this on our improvement list. For now if you restore those the custom prices have to be added manually like the API connections.
Possibly this would help: Exchange closed or missing data due to wallet inaccessibility (https://cointracking.freshdesk.com/a/solutions/articles/29000034626?lang=en)

Thanks for the advice. I have a few other, unrelated questions

1) On the 'Balance by exchange' page you can filter by date but not time. What time is this date based on? Can you add documentation for this and let me know? I critically need this info to help me figure out the solution to my next issue as I am effectively going block by block between transactions to try to figure out where the discrepancy is. If I could filter by time AS WELL AS date this would be trivial to solve, but since I can't and it's unclear when the filter is based on time wise I have no idea how to properly compare CoinTracking and the Ethereum blockchain here

2) I have a new wallet/exchange entry for this year and have been trading a ton in it. I am now noticing a discrepancy in one coin (ETH) for a total that I cannot find in any of my logs so this must be coming from some miscalculations across trades. Is there any way for me to easily debug this? It's really hard for me to narrow down, ideally i'd like to try importing from Etherscan but the blockchain import is automatic/api based and I DON'T want to import, I simply want to compare against what I have. Additionally Cointracking has no way to import from CSV on Etherscan.

What do you suggest I do to narrow this down? If I could customize the time for the filter on the balance by exchange page this would be easy with the block balance explorer on etherscan.

Additionally I don't want to mess with backups or exports because I've noticed (and this is a big issue, please include this as a fix) the manual cost basis for unlisted tokens is not saved between backups or exports and as such my trades are completely messed up if i restore (since I then need to go back and readd every single cost basis for every tx with an unlisted token)

In the absolute worst case perhaps I could add a LOST transaction to balance this out manually (which should theoretically be fine since CoinTracking is inflating my total, meaning there should be no issues with taxes for doing this) but I'd rather have things balance out naturally as they should