Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 37. (Read 122619 times)

The transactions per account across the license levels are always in total.

Dario I have just created a Ticket, thank you.

I see your free tier of pricing allows up to 200 transactions. Is that 200 transactions/year or 200 transactions total across all years? Thanks.

Hey AussieWayne,
Could you please send us a support ticket with your username. I would like to see what happened here.
It looks like a time zone issue.
I have created the same transaction and all 3 reports are showing exactly the same result.
Thanks!

Hello
Can someone advise why there are at least 3 different values for any crypto asset please.
For example as a test I have input the purchase of 10 ETH on 1st May 2020 at $300 AUD each, $3000 AUD total, no fees.
Then I run the reports and I get the following ETH values???

Closing Position Report from the Tax Report with year ending 30 06 2020
$3271.3

Balance by Exchange with year ending 30 06 2020
$3326.52

Total unrealized and realized Gain/Loss all currencies with year ending 30 06 2020
$3279.32

These multiple price values only serve to further make it more difficult that it already is?
They cannot ALL be right so why is this setup so confusingly incorrectly.
If I were to give all these or similar to my accountant to lodge with the ATO then I would be in trouble with many questions to ask.
I NEED TO BE 100% ACCURATE PLEASE.
Hopefully someone from CT will clear this up for the sake of clarity.
Thank you

Dear CoinTracking User. We would like to inform you about the following changes / improvements:

Tax Report Updates

- Automatic calculation of all margin, futures and derivatives PnL (now included in the Capital Gains Report)
- Improved "Best Price" method for better coin-to-coin conversion
- Schedule D, Schedule 1 and Form 1040 exports added to all Form 8949 PDF downloads
- New and fully automated depot separation (tax lots)
- Optimization and improvement of some rules for HMRC, AVCO and ACB reports
- Significantly faster tax report calculation
- Improved detailed reports with new layout

@tradenotes
Thank you for sharing this useful workaround.

Just want to add that after importing the transactions you would need to "bulk edit" the exchange name from "Exodus" to "Jaxx (or any other wallet name). Or if you have Exodus transactions in your account already you would need to rename the exchange name beforehand. Otherwise you would mix them.
See FAQ "Bulk Edit/Delete - Instructions" https://cointracking.freshdesk.com/a/solutions/articles/29000032637?lang=en

I found an easy work-around to import a Jaxx or Jaxx-Liberty wallet, or most other unsupported wallets.  This method will probably work for most other wallets that use the same type of recovery process.

Problem:  The Jaxx-Liberty Wallet export feature does not provide a list of transactions in a .csv file, but rather only addresses can be exported. It would be tedious to look up each address on a block explorer, especially if a new address is created every time a transaction is received.

Solution:  I found that the easiest way to import all data from an unsupported wallet is to use the backup recovery process to "restore" a wallet into a fully supported wallet such as Exodus.

The idea is to use the recovery phrase to so that Exodus actually becomes a new clone of your existing Jaxx-Liberty wallet, which will include all the separate wallets and transactions.  Then once Exodus becomes your new wallet software, simply follow the instructions from CoinTracking.info to export, and then upload the .csv file.

I checked the CoinTracking.info site to look for wallet import options that support all transactions, including fees.  I saw that the Exodus wallet is fully supported.  Here is a way to convert an unsupported wallet in to a new Exodus wallet.

How to Clone an Existing Wallet to a New Exodus Wallet

1.) Install the Exodus Wallet,  Desktop or Mobile App from the official site www.exodus.io -- be sure to verify
2.) If you already have an existing Exodus wallet, try the process with a different wallet, or make a backup, as this process will start fresh and replace everything
3.) Open Exodus, Select "I already have a wallet"
4.) In the "Restore Wallet" section choose, your method to sync from QR code, or from secret phrase.
5.) Get the recovery words from Jaxx, (or other unsupported wallet), and enter them into Exodus (or try the QR Scan).
6.) Follow the instructions from CoinTracking.info (Enter Coins / Wallet Imports / Exodus) to export, and upload the .csv file.

@jojo69
I am sorry to hear that something is not working in your account. We are here to support you e.g. if you are new to our software service.
To check your account individually please reach out to us via our Ticket tool within your account or sending an E-Mail to [email protected] and add your account username there.
Thank you.

this is stupid, this site used to just work, now it's all different and doesn't seem to work

it says "Here we go! Your Trade and Portfolio Analysis is only one step away.

Click on "New" to add your first trade. Or click on one of the Exchange logos, to import all your trades directly from there."

with a big red arrow...that you would think would point to the "new" button?  yeah, no button


click on coinbase logo...nothing happens


is this a joke?

Yes, you can edit the Asset value for every transaction if needed on the Enter Coins page as described in this FAQ article: Edit asset value manually https://cointracking.freshdesk.com/a/solutions/articles/29000033219?lang=en

If I exchange one asset directly for another - is there a way to assign the fiat value of the sold asset at that point to calculate the gains? Or would you break that transaction into two steps?

Dear CoinTracking User. We would like to inform you about the following changes / improvements:

Updates and Improvements

- Bitcoin.de fix for users with very old Bitcoin.de transactions (7+ years)
- Bitcoin.de "insufficient credits error" fix
- Binance fees in a third currency (e.g. BNB) are now imported as "Other fees"
- Updates for the Gemini import
- Import of Kraken staking transactions
- The Kraken API now also imports PnLs with more than one currency per trade
- Kraken Live Balance: Fix some coin names
- Update of the transactions to be imported for Bybit imports (CSV and API)
- Support for Bitfinex affiliate discount transactions
- Support for Poloniex staking transactions
- Support for new transaction types for LedgerLive CSV imports
- For Deribit CSVs the new and the old CSV format is now supported
- The import of the fee for Hotbit CSV imports has been adjusted

- Fix for BET Coins (BET = DaoBET | BET2 = EarnBET | BET3 = BetaCoin)
- Fix for DEV Coins (adjustment of the price source and historical prices)
- 112 new coin icons added

- New tax reports for HMRC, AVCO and ACB

- New Excel import template with new transaction types (can be downloaded from the Excel import page)

- The selection and edit of many transactions (1000+) at once was slow in some browsers (Enter Coins page). This has been fixed.

- New exclusive third party discounts for all CoinTracking Premium Users (more discounts will follow soon)

@thierryb180381
Deleting a transaction which comes in via API will trigger the API to re-import those missing transactions again by design. You can either live with that coins or delete the transactions and move the start date of your API job always to the next day. Or you can edit the not needed transactions and set the amount to zero.

All imported transactions are visible on the trade list of course if you set no filters e.g. by exchange on the report pages.

I would suggest to check your account individually regarding all other questions as they could not be answered in general. So please reach out to us via our Ticket tool within your account or sending an E-Mail to [email protected]
Thank you.

Hello,

Most of my crypto transaction are mostly done like this :
- initial buy from a platform (crypto.com, binance...)
- transfers to my ledger

So to make it the more automatic possible, I tried to import my 2 ethereum wallet but :
- unfortunately in my wallet, I've a shit token and each time I refresh my ethereum transaction, it appears again, there is a way to ignore it definitively but refreshing other transactions ?
- last refresh date last from 9:20am, Ive a transaction since but no way to see it, it's normal?

I tried to import transactions csv from crypto.com but I don't see them in trading list / price, is it normal?

I use free version of cointracking and my total transactions number are 143.

Thank you.

@IAS
The "tax free coins (short & long)" report is available with FIFO method only. Adding more methods there or in separate report is already on our improvement list.
Other methods are available in your capital gains report within your tax report if you create your tax report with your method (e.g. LIFO). Changing the method over the years is not recommended.

Under "Reporting" is there a way to see "Tax-Free Coins (short and long)" using LIFO and other accounting methods?

Thx in advance
IAS

@PyeHzqOd
To check your account individually please reach out to us via our Ticket tool within your account or sending an E-Mail to [email protected]
Thank you.

I'm trying the new API feature for interest income for Poloniex and Bitfinex.
Bitfinex seems fine, but with Poloniex I sometimes have multiple entries for days. If I check the first entry is the correct amount for that day.
On the API page it says that there will only be 1 entry a day.

We add the CSV import for FTX very soon. I cannot provide an estimation date so far. Once in place, we will announce it on our "new features pages".
Thank you for your patience.