Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 54. (Read 122389 times)

Can anyone explain to me how CoinTracking uses the fee information for the purposes of tax reporting. I have come to learn that the fee data added, either manually or via API, is informational having no impact on the ledger...but it is not clear to me if these fees are being used to adjust cost basis for tax reporting.

Yes i have the same issue,i hope the dev team is going to fix this,is this topic only managed by users helping each others or people from Cointracking are here too?
There is not even a telegram group in English

There has been a recent upgrade to the KuCoin API interface. Here is a link:

https://news.kucoin.com/en/the-announcement-in-regards-to-upgrade-of-api-keys-2/

The KuCoin interface does not seem to be working any more.

I see a red message on my job that reads: " (Error: No access permission.) "

Is anyone else having this issue?

I am also looking for an answer to this.

Thanks.

Habe ich dir bereits im deutschen Thread beantwortet


At the moment, the fee values are not deducted from your gains in the Tax-Report, however they are already part of your cost base calculation (except when a third corrency fee or a fee for deposit/withdrawals).


Please send us a ticket via our HelpDesk (https://cointracking.freshdesk.com) so that we can check your portfolio more closely.

It happens to me that in the dashboard I see the total balance in euros of all my crypto in negative, and the balances of bitcoin and ethereum also in negative. However, when I go to the tab "realized & unrealized gains" in "Reporting" I see correctly more or less the approximate balance of each currency as of 12/31/2017 and the unrealized gains / losses  I would say that they are fine too.So my question is:is it possible that my realized & unrealized gains has been tracked successfully but the BTC/ETH balance in the dashboard shows in negative? Thank you!

Can anyone confirm me that fees are deducted when you generate the Tax Report?

I really guess is not happening this.

Thanks in advance.

Hi,

can someone tell me how to do a wallet import for ETC, please? Seems like I am to stupid to find it.

There is no ETC in the altcoin wallet dropdown, ETH is not working obviously but cointracking "knows" ETC in the Dashboard.

Thanks in advance

Currently it seems everything counts as a trade in the statistics for number of trades. Can you please make it so that only actual trades are counted, not deposits, withdrawals etc?

Might not be the same issue but there's a quite annoying bug where if you try to import a csv file with just one small error in it, the import screen tells you everything is fine and that the data was imported, but no data actually gets saved. I encountered this when constructing my own csv files, if a trade had no buy amount for example no errors or warnings were raised, and the whole import failed silently.

Makes it very hard to debug what's actually wrong with the csv file.

I am having an absolute nightmare for calculate Tax Reports.

Using Cointracking, with the .CSV files you don't get access to margin trades data, so you have to get them with the API, but after import all the data I see that margin trades are not included. I don't know why is happening this. Same thing happeens with deposit and withdrawals.

I don't know if the .CSV files that you can download at Bifinex, margin trades are included, apart of not differentiate between normal trades and normal trades.

Any solution for this?

Thanks in advance.

The only clarification I would make is that I use the CT Excel Upload file, then I copy my data into it. I have two active mining wallets right now - LUX and RVN. I am uploading hundreds of mining transactions in a month. No issues - unless I mistakenly populate the wrong field or mis-spell something. I also have a dozen inactive mining wallets - but those are just holding old positions - so the pricing update is working perfect there. And at Year End, my tax report was fairly easy too.

Also I use the Trade Group field to track PoW and PoS. I also track Funding and Leaching in that field (for all other trades, I leave it blank). Funding is new investment money and leaching is coins sold to US$ and moved back out to my regular savings account. This way when I run the report Balance by Exchange, I change it to by Trade Group and I get a mining update. Very slick, up to the minute return on my mining. The only thing missing is my outlay for the mining equipment.

My income has been good - I mine with 27x1070Ti. It's the coin prices that are down . Since I began last fall, I've made enough to cover all my costs (~12k USD). The mining has gone well, I've been selling 50% of what I've mined. And the other 50% has lost about half its value since mined. Still, all in all, it's been a good investment. And time will tell.

Such is the roller-coaster ride of a Spec-miner.

My first deposit & trade was 29 june 2017.

Have you continued to use this strategy?  How has tracking mining income gone over the past few months?

You've already contacted us. Unfortunately, this file could not be imported due to the format. Once Remitano provides a format that can be processed (API or CSV), we try to implement it.


This problem no longer exists.


How old are these trades The Bitfinex API has limitations of the historical data.
http://blog.bitfinex.com/api/api-improvements/

I bought unlimited and it simply doesn't import my bitfinex API, my username is arsy, can anyone help me? my lawyer is waiting. it did work on bitcoin.tax (which counted 19k trades) but bitcoin.tax sucks for other reasons.

EDIT: I made a small bitfinex trade to test the api out and it did appear on cointracking.info, but i need the whole history imported

Bulk import didnt work or broken.
If i try to import csv or xls file its dont show anything in table

I have a feature request (or I need instructions on how to use it if already part of the program): I need to be able to manually enter some historical prices for a particular coin I have (and override the default historical prices). The reason is that a coin I'm invested in recently upgraded to its 2.0 version, and that process required delisting on exchanges of the old version followed by relisting of the new version. The one exchange we had that was being tracked on CoinMarketcap (or whatever you are using as the price tracker) dropped us in that process, and the exchanges the coin is now listed on aren't currently being tracked, and the price that is showing on my dashboard is completely wrong. So I've been keeping track of the daily price, and I'd like to be able to enter that price so I can see what my portfolio is really worth. Is there a way to do that? If not, can it please be added? It will make my tax reporting so much easier if I could handle this within the program itself.

Hi, Cointracking.

Great Work. You have really made my life so easy...It seems. I have to get back to you for any anomaly I find, but anyways great work. once again.

My only request for the moment is

Is there any plan to include Remitano.com ( the escrow service) in your tracking network.

I have nearly 6 months of trading data to track. Please help me out. I am ready to even pay for your service if I get this solution. If required i may share my excel template  I use for tracking.

Please it will be of great help...more.

regards,

Basit

I'm not clear how to enter coins that I have mined in a pool. In the case of XMR, let's say I mined 4 XMR, which is the amount I get when transferred to my wallet from the pool. In the process of mining those 4 XMR, I paid the pool a fee of 0.6% or 0.024 XMR.

How should I enter the mined coins into cointracking?

Is the fee considered an expense for business purposes?

Thanks,

Jeff