Topic: Taxes question (Read 298 times)
Hello, I am writing of behalf of Swapper, the first blockchain-based qualified intermediary for legally deferring capital tax gains on your cryptocurrency investments. It will basically be an application for carrying out 1031 IRS like-kind exchanges to protect your crypto profits by deferring taxes. Just letting you know, as you are interested taxes. It will also create a record of every transaction that you can then use for filing. We will be announcing the project on this forum soon, but until now you can read more about it here: https://swapper.io
I was wondering how to track my losses and gains when paying taxes. I dont think i can track it myself considering i have transferred bitcoins from one exchange to another. And also the exchanges show the purchase price in bitcoin not in fiat and since bitcoin is itself volatile, the price of 1 bitcoin could be $1000 to $3000 unlike USD where $1=$1.
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