Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 9. (Read 122619 times)
March 27, 2022, 04:38:06 PM
Thanks Andreas! After, deleting Gemini Earn interest transactions and running the API again, ‘no’ interest transactions downloaded. So, I created a new API and ran again. This time only 2022 Interest transactions downloaded, but none for 2021…any recommendations?
March 27, 2022, 10:58:36 AM
@cadbane
This issue was fixed some days ago. Please do a backup of all of your transactions, delete all GEMINI Earn transactions and re-import them again via "check now" at your GEMINI API job.
@atkins69
We have released a new API version using separate exchange names for separate accounts importing the transactions from the past 2 years with the following restriction[https://cointracking.freshdesk.com/en/support/solutions/articles/29000040271] (e.g. Lending) described here where KuCoin unfortunately does not deliver the data. Here you need to complete them manually or ask via KuCoin Support for an Excel file with all transactions: Kucoin CSV Import (https://cointracking.freshdesk.com/en/support/solutions/articles/29000027223-kucoin-csv-import)
Deleting by exchange condition is described here: Bulk Edit/Delete - Instructions (https://cointracking.freshdesk.com/a/solutions/articles/29000032637?lang=en)
Please create backup of your data beforehand and regularly as described here: Create backup, restore or export your account data [https://cointracking.freshdesk.com/a/solutions/articles/29000031008?lang=en]
If your balance was fine before you can add a start date to your API job after deletion: How to avoid or unwanted transactions/re-imports or SCAM token via API jobs? [https://cointracking.freshdesk.com/a/solutions/articles/29000038763?lang=en]
This issue was fixed some days ago. Please do a backup of all of your transactions, delete all GEMINI Earn transactions and re-import them again via "check now" at your GEMINI API job.
@atkins69
We have released a new API version using separate exchange names for separate accounts importing the transactions from the past 2 years with the following restriction[https://cointracking.freshdesk.com/en/support/solutions/articles/29000040271] (e.g. Lending) described here where KuCoin unfortunately does not deliver the data. Here you need to complete them manually or ask via KuCoin Support for an Excel file with all transactions: Kucoin CSV Import (https://cointracking.freshdesk.com/en/support/solutions/articles/29000027223-kucoin-csv-import)
Deleting by exchange condition is described here: Bulk Edit/Delete - Instructions (https://cointracking.freshdesk.com/a/solutions/articles/29000032637?lang=en)
Please create backup of your data beforehand and regularly as described here: Create backup, restore or export your account data [https://cointracking.freshdesk.com/a/solutions/articles/29000031008?lang=en]
If your balance was fine before you can add a start date to your API job after deletion: How to avoid or unwanted transactions/re-imports or SCAM token via API jobs? [https://cointracking.freshdesk.com/a/solutions/articles/29000038763?lang=en]
March 27, 2022, 10:15:49 AM
Hello, thanks for your help!
I've another question for you:
Since 25 February Kucoin API has been doing a strange thing.
Kucoin used to import data with the name "Kucoin" under the heading "Exchange".
Now under this heading, the name is no longer "Kucoin" but creates duplicates with other labels such as "Kucoin Trading" and "Kucoin Main".
So the name of the exchange is no more "Kucoin" but "Kucoin Trading" or "Kucoin Main". This creates confusion and the data is all wrong.
Does this happen to you? Is there any way to solve this?
Thanks!
I've another question for you:
Since 25 February Kucoin API has been doing a strange thing.
Kucoin used to import data with the name "Kucoin" under the heading "Exchange".
Now under this heading, the name is no longer "Kucoin" but creates duplicates with other labels such as "Kucoin Trading" and "Kucoin Main".
So the name of the exchange is no more "Kucoin" but "Kucoin Trading" or "Kucoin Main". This creates confusion and the data is all wrong.
Does this happen to you? Is there any way to solve this?
Thanks!
March 27, 2022, 12:01:40 AM
Gemini Earn Question: The Gemini Earn totals coming from the Gemini API are more than twice the value on the Gemini 1099 I received. The API shows ‘daily’ interest postings for each coin, whereas the Gemini site simply shows monthly interest Postings. The monthly interest postings totals match the amount in the Gemini 1099…I am perplexed. Thoughts?
March 26, 2022, 05:41:45 AM
@jjj0x
It is not "our" forum. We just initiated this Thread long time ago and do Q&A here if needed to support community. We are in progress of checking Discord server and other options.
@matblam
We are improving the blockchains over the next months. Please refer to this article: "My blockchain transactions are not imported correctly. Why?" (https://cointracking.freshdesk.com/a/solutions/articles/29000040147?lang=en) For now you can only add/adjust transactions manually.
@Peter111280
1. Reason is always wrongly added or missing transactions.
2. Depends on the exchanges or how you import your data. Please check this FAQ here first: "How to validate my account?" https://cointracking.freshdesk.com/a/solutions/articles/29000035339?lang=en
3. Hotbit offers 2 files, one is working with our importer, the other not (additional columns). Please follow exactly the instructions here.
It is not "our" forum. We just initiated this Thread long time ago and do Q&A here if needed to support community. We are in progress of checking Discord server and other options.
@matblam
We are improving the blockchains over the next months. Please refer to this article: "My blockchain transactions are not imported correctly. Why?" (https://cointracking.freshdesk.com/a/solutions/articles/29000040147?lang=en) For now you can only add/adjust transactions manually.
@Peter111280
1. Reason is always wrongly added or missing transactions.
2. Depends on the exchanges or how you import your data. Please check this FAQ here first: "How to validate my account?" https://cointracking.freshdesk.com/a/solutions/articles/29000035339?lang=en
3. Hotbit offers 2 files, one is working with our importer, the other not (additional columns). Please follow exactly the instructions here.
March 21, 2022, 11:02:56 AM
@dolphintree
We have a FAQ with options here: "Lending / borrowing crypto or sending to / receiving from a friend - which transaction types should I use?" (https://cointracking.freshdesk.com/a/solutions/articles/29000029374?lang=en)
We have a FAQ with options here: "Lending / borrowing crypto or sending to / receiving from a friend - which transaction types should I use?" (https://cointracking.freshdesk.com/a/solutions/articles/29000029374?lang=en)
hi i am new here end i need really help.
my cointracking account is a mess
1 the app dont see my staked chromia on bsc.
2 the imported transactions are full with errors
3 cant import hotbit xls file it shows zero transactions
i am trying to generate tax report end is too many mistakes
March 19, 2022, 06:45:37 PM
maybe others have asked for this before
but can you guys please start a Discord
would be nice and many times community members can answer each others questions fairly easily.
this feels so 2013!
I second this
March 19, 2022, 04:55:53 PM
i know you guys are busy since its tax season
but any chance Terra/luna defi can get prioritized
especially for those of us that used Anchor for the 20% deposit interest
and borrowed off of anchor collateral in 2021
I am not expecting this before April 15 for USA customers when our taxes are due
but maybe by late spring or early summer
but any chance Terra/luna defi can get prioritized
especially for those of us that used Anchor for the 20% deposit interest
and borrowed off of anchor collateral in 2021
I am not expecting this before April 15 for USA customers when our taxes are due
but maybe by late spring or early summer
March 19, 2022, 04:26:48 PM
maybe others have asked for this before
but can you guys please start a Discord
would be nice and many times community members can answer each others questions fairly easily.
this feels so 2013!
March 18, 2022, 03:24:59 AM
Yes, asset value is needed for gain/loss calculation for a specific NFT.
We are working on a solution that the custom price is used on closing position report to specify current value.
We are working on a solution that the custom price is used on closing position report to specify current value.
March 17, 2022, 08:18:20 PM
Thanks .
So for tax purposes there's really no need to create a Custom Price for each NFT then?
I have been setting one to match my buy price.
Cheers
So for tax purposes there's really no need to create a Custom Price for each NFT then?
I have been setting one to match my buy price.
Cheers
March 17, 2022, 03:22:36 AM
@matblam
A: No, they are not.
B: No, asset value is the value when you buy/sell it. Custom price is the current value (with no price history for unlisted assets).
C: Asset values are more important for capital gain/loss calculation.
See this article: "How to add NFT or IDO transactions" (https://cointracking.freshdesk.com/a/solutions/articles/29000038312?lang=en)
A: No, they are not.
B: No, asset value is the value when you buy/sell it. Custom price is the current value (with no price history for unlisted assets).
C: Asset values are more important for capital gain/loss calculation.
See this article: "How to add NFT or IDO transactions" (https://cointracking.freshdesk.com/a/solutions/articles/29000038312?lang=en)
March 16, 2022, 09:17:52 PM
Hi 
Adding a new Token/Coin/NFT question:
These questions relate to adding a NEW NFT as a "NEW Coin"
A- Are "Edit Asset Value" and "Custom Price For Currency" not the same thing? I notice one is not auto populated when I fill the other.
B- Should the "Custom Price For Currency" be set to exactly the same as I set "Edit Asset Value"? (I set this as the purchase price when adding a NFT)
C - Is it a problem if I do not set both of these? Which is the most important?
Thanks
Adding a new Token/Coin/NFT question:
These questions relate to adding a NEW NFT as a "NEW Coin"
A- Are "Edit Asset Value" and "Custom Price For Currency" not the same thing? I notice one is not auto populated when I fill the other.
B- Should the "Custom Price For Currency" be set to exactly the same as I set "Edit Asset Value"? (I set this as the purchase price when adding a NFT)
C - Is it a problem if I do not set both of these? Which is the most important?
Thanks
March 12, 2022, 04:33:17 AM
@dolphintree
We have a FAQ with options here: "Lending / borrowing crypto or sending to / receiving from a friend - which transaction types should I use?" (https://cointracking.freshdesk.com/a/solutions/articles/29000029374?lang=en)
We have a FAQ with options here: "Lending / borrowing crypto or sending to / receiving from a friend - which transaction types should I use?" (https://cointracking.freshdesk.com/a/solutions/articles/29000029374?lang=en)
March 11, 2022, 12:52:26 PM
hi. if i transferred my assets to my spouses exchange what is the best way to handle this in coin tracking?
another company said to label them as gift.
is that what you would do?
another company said to label them as gift.
is that what you would do?
March 11, 2022, 03:36:45 AM
@Flea_man
please send us a ticket/E-Mail with example screenshots from your KuCoin account.
For now please adjust those transactions manually as described here: "Loans and their repayments" (https://cointracking.freshdesk.com/a/solutions/articles/29000033408?lang=en)
please send us a ticket/E-Mail with example screenshots from your KuCoin account.
For now please adjust those transactions manually as described here: "Loans and their repayments" (https://cointracking.freshdesk.com/a/solutions/articles/29000033408?lang=en)
March 10, 2022, 04:35:02 PM
Hi,
It looks like the KuCoin API now imports loans. But this messes up capital gains calcualations. loans out are withdrawels (which dont count as a disposal), but when they are paid back, the whole amount (the loan plus interest) is read in as "other income". Only the intrest should be income, the returned loan should be a deposit. This other income as it is then creates astronmical unrealised gains!
Can this be rectified to record loans properly or else switched off? I have tired turnign on only trades, but this still records the loan repayment incorectly as income.
It looks like the KuCoin API now imports loans. But this messes up capital gains calcualations. loans out are withdrawels (which dont count as a disposal), but when they are paid back, the whole amount (the loan plus interest) is read in as "other income". Only the intrest should be income, the returned loan should be a deposit. This other income as it is then creates astronmical unrealised gains!
Can this be rectified to record loans properly or else switched off? I have tired turnign on only trades, but this still records the loan repayment incorectly as income.
March 10, 2022, 04:53:53 AM
Yes, you can still use the old importer unless you have valid job there.
Please check the new FAQ here as well regarding how LP are imported: https://cointracking.freshdesk.com/en/support/solutions/articles/29000040323-import-of-liquidity-pool-mining-transactions
Please check the new FAQ here as well regarding how LP are imported: https://cointracking.freshdesk.com/en/support/solutions/articles/29000040323-import-of-liquidity-pool-mining-transactions
March 09, 2022, 03:10:24 PM
The new way to manage liquidity pools make 0 sense to me.
Why a deposit into a liquidity pool is considered as an expense and then as a taxable event? When I deposit something into a pool is a Deposit, I'm not expending my coins, I'm depositing them in a pool.
Is it possible to choose the old method as default?
Why a deposit into a liquidity pool is considered as an expense and then as a taxable event? When I deposit something into a pool is a Deposit, I'm not expending my coins, I'm depositing them in a pool.
Is it possible to choose the old method as default?
March 08, 2022, 03:26:38 AM
Updates and Improvements
API
- OKEX (Staking transactions and other improvements)
- FTX (support for internal stable coin swaps + USD stable coin pools)
- Celsius (fixed rounding issues for interest payments)
- Bybit (support for Spot trades and transfers)
- Kraken (Earn ETH update)
- KuCoin (new API version)
CSV
- Binance (support for full-year files)
- OKEX (Staking transactions and other improvements)
- Kraken (Earn ETH update)
- Celsisus (update for transfers)
Blockchain
- improvements for BSC, ETH and AVAX
- SOLANA import E-Mail notification added
- new ETH Import version and support of deflationary tokens
Other
- Several Ticker updates for correct assignments and price history
- CSV exports now also contain the Tx-ID
- new partner benefits
Source: https://cointracking.info/new_features.php
API
- OKEX (Staking transactions and other improvements)
- FTX (support for internal stable coin swaps + USD stable coin pools)
- Celsius (fixed rounding issues for interest payments)
- Bybit (support for Spot trades and transfers)
- Kraken (Earn ETH update)
- KuCoin (new API version)
CSV
- Binance (support for full-year files)
- OKEX (Staking transactions and other improvements)
- Kraken (Earn ETH update)
- Celsisus (update for transfers)
Blockchain
- improvements for BSC, ETH and AVAX
- SOLANA import E-Mail notification added
- new ETH Import version and support of deflationary tokens
Other
- Several Ticker updates for correct assignments and price history
- CSV exports now also contain the Tx-ID
- new partner benefits
Source: https://cointracking.info/new_features.php
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