Koinly VS EveryDollar

Koinly Reviews

EveryDollar Reviews

Koinly mentions (306)

• Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?

  Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 5 months ago

• 48-nation bloc to crack down on using crypto assets to avoid tax

  Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 6 months ago

• Questions about defi

  -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 10 months ago

• I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?

  Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: 12 months ago

• Staked ETH Rewards on Coinbase

  I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago

EveryDollar mentions (11)

• Out of Veterinary School will be 300-400k in debt

  Along the way, I've used both mint.com & everydollar.com as free budgeting platforms. The former will track all of your non-cash transactions in a single location while the former allows to-the-penny budgeting. You can pay for Everydollar to auto-track your bank transactions, but DR has some major beef with American Express, so you can't link an AmEx account to it. Source: about 1 year ago

• Trying to figure out how to fix my situation.

  So get an online app that tracks every income and expense, I myself use the free app everydollar.com but there are others too. Source: over 1 year ago

• What to do for TSP?

  You need to put together a monthly budget in order to get over the fear of "not having enough money left over at the end of the month" I use everydollar.com, its free and works great. Source: almost 2 years ago

• I made a Budget Tracker because I'm moving out for the first time. Critique my spreadsheet and proposed budget. Feel free to make copy for yourself.

  I use everydollar.com to budget as a free account. Source: about 2 years ago

• How do you organize your finances/future plans if you don't have kids and you don't want any?

  I get no commissions for this, but I've been using everydollar.com for years now to help with budgeting and I highly recommend it! Doesn't make the discipline to keep to a budget any easier, but it's helpful to see percentages of where my money is going (50% is on housing rn *sigh*). Source: about 2 years ago