An easier way to minimize your crypto taxes is to use a good software like coinledger that can automatically detect and capitalize on tax savings opportunities for you based on your transaction history. Source: 11 months ago
Maybe https://coinledger.io/ can help. It'll go through the transactions to determine what actual gain / loss is. Source: about 1 year ago
If you’re having trouble with this or you just have a fuckton of transactions, you can use crypto tax software (like CoinLedger, CoinTracker, or whatever other option you choose) to calculate your gains and losses across all your wallets and exchanges. Source: about 1 year ago
In cases like these, you might want to get started with crypto tax software that can integrate with your wallets and exchanges and pull the information you need to file your taxes automatically. There are tons of good options out there (CoinLedger, CoinTracker, and many more). Source: about 1 year ago
When you keep records of the original purchase price, you’ll be able to track your capital gain or loss much easier. But let’s be honest, tracking all your Ethereum transactions takes serious time and effort. If you're too lazy to do this, one alternative is to track them through crypto tax software like CoinLedger, CoinTracker, or whatever else is out there now. Source: about 1 year ago
There’s no reason not to report your capital losses on your taxes. If you’re using a crypto tax platform (like CoinLedger, Koinly, CoinTracker, or whatever else is out there now), it should only take a few minutes. All you need to do is connect your wallets and exchanges and let the platform do the work for you. Source: about 1 year ago
If you have been dollar cost averaging into bitcoin, it can be helpful to use a crypto tax software tool to view the holding period of your full crypto portfolio to help identify which of your assets currently qualify for the more favorable long term rates. Source: about 1 year ago
It is your responsibility to track your cost basis and report any capital gains. You can use something like coinledger.io, to simplify this process. None of this has anything to do with you storing your crypto on an exchange or moving it to cold storage. Source: about 1 year ago
I can link there page here if you wanna check them out: https://coinledger.io. Source: about 1 year ago
Hi Stakers. What rewards tracking app/service could you recommend? I tried https://www.cointracker.io/ and https://coinledger.io/ but unfortunately they don't satisfy my needs. I'm trying to solve the following problems:. Source: over 1 year ago
Coinledger also has an area here: Find Tax Accountant. Source: over 1 year ago
Hey - come test out CoinLedger! We support all these exchanges in addition to Solana, Ethereum, and many more L1 chains. Source: over 1 year ago
Technically, they can and should be able to. The majority of people that crypto however don't just use Coinbase they use a plethora of other exchanges including decentralized ones. Because those cost basis cannot be tracked by Coinbase the vast majority of people; myself included; use crypto tax sites such koinly.io, coinledger.io, etc. Source: over 1 year ago
Robinhood probably incorrectly reported basis to IRS. You can create an 8949 using https://coinledger.io/. I did this recently with a client who got a similar IRS letter. Now owes zero. Source: over 1 year ago
I recently did this with a tax client. He now owes them nothing. We used this https://coinledger.io. Source: over 1 year ago
i've heard https://coinledger.io/ has some tax reporting software that might help. Shop around. Source: over 1 year ago
When this happens, IRS will send letters saying taxes are owed. Don't panic! Use a service like https://coinledger.io/. It goes through the trades and creates form 8949 which can be used on the return. Source: over 1 year ago
I use coinledger.io to import all of my transactions and calculate my gains, losses, and taxes. You can also export CSV data from it. Source: over 1 year ago
CoinLedger will take good care of you. We have the highest customer satisfaction rating with an ultra-responsive and helpful support team. Source: over 1 year ago
Use https://coinledger.io/ - it makes things incredibly easy and you can pull of your transactions and get gains/losses reports. Source: almost 2 years ago
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