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26468112 No.26468112 [Reply] [Original]

What do you fuckers use? Since I’ve primarily done uniswap, this is going to be an enormous pain in the ass. I’m assuming I’ll need to just download my ether scan logs, but I’d love a crypto tax service that has shitcoin data.

>> No.26468175

You don't store every transaction you do in a spreadsheet?
You're fucked anon

>> No.26468216

pirated excel 2000

>> No.26468275
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26468275

>>26468112

I wish I knew haha

>> No.26468282

>>26468112
>IRS kikes want you to report income
>they don't give you any tools to do this easily

yeah literally don't report it as income. fuck kikes.

>> No.26468295

>>26468175
I don’t make an obscene amount of trades, but yeah, I’m going to start doing that. I need to go back to 2017 too because my pos CPA hasn’t reported crypto-crypto, and I haven’t converted anything back to fiat so I haven’t paid a dime. A bit worried honestly desu. Fortunately I can claim a ton of losses on shitcoin mistakes, and I haven’t sold a single linkie which is what would really wreck me on long term gains.

>> No.26468432

Kind of on topic: what tax software is good for calculating wash sales when trading options?

>> No.26468587

Ignore this retard: >>26468175

>>26468112
Just use Koinly (It calculates transactions, gain, etc for you) and hire some crypto-specialized accounts, anon.

>> No.26468696

i use bitcoin.tax and do a rough estimate of my trades kek. if theyre so concerned about taking my money they can get off their lazy asses, stop hiring niggers, and actually find out themselves. theyre lucky i even pay my taxes like a good goy, but now im never selling so this will be the last check they get from me

>> No.26468703

>>26468587
This looks really good, thanks senpai. Do you think I’m going to get turbofucked with penalties for declaring gains from 4 years ago that I never reported back then?

>> No.26468715

>>26468587
How to import uniswap trades to koinly? Is there any way to create a spreadsheet?

>> No.26468982

>>26468715
Sync all wallets that have used uniswap. It will calculate all swaps for you. Only weird one this year was AMPL. I have been using them for two years now and have never had an issue with IRS faggots.

>> No.26469462

>>26468587
I'm gonna keep it free but ty Anon

>> No.26469517

>>26468295
Can’t you only claim like up to $3k max for losses?

>> No.26469584
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26469584

>>26468112
zerion. You connect your metamask wallet to it and it will let you download a csv file for free of every single trade you've ever made on that wallets address. Then you can just drag and drop that shit into turbotax.
gg. ez.

https://app.zerion.io

>> No.26469623

>>26469517
Yes, from what I read.
Buy they can claim unlimited on the upside.
Kikey as fuck.

Does anyone know what the tax rate is for a trade? Supposed to pay taxes and fees for every trade is beyond kike level.

>> No.26469684

>>26468112
Don't pay

>> No.26469887

Man I've got exchanges like Cryptopia that don't even exist anymore. If the IRS decides to audit me, good fucking luck. Pieces of shit.

>> No.26469911

how am I supposed to report my baby gains for last year now that we're in the new tax season? am i going to get buttfucked?

>> No.26469960

>>26468696
this.

making us pay crypto-to-crypto taxes is one thing, but making us go through the trouble of gathering all records of our trades is another level of bullshit.

>> No.26469997

>>26469911
I mean I missed reporting mine in 2019, to clarify

>> No.26470014

Let's say you do get audited. What's the best way to fuck with the wagies? Thousands of usdc to usdt transfers?

>> No.26470118

>>26469623
Welcome to Weimerica

>> No.26470124

>>26468112
cointracker.io

>> No.26470134

Tokentax.co is the best I've found. VIP service is $1500 and they'll have someone do it all for you basically. Cheaper plans available to DIY

>> No.26470156

>he doesn't know how to avoid paying tax on crypto legally

>> No.26470540

>>26470014
what would the ramifications of this be? What if you were to use a bot to do this 24/7/365 for the sole purpose of weighing down the IRS with bloat?

>> No.26470833

>>26470014
>>26470540
I don't think USD->USDC->USDT transactions are taxable because they're "like" currencies. You wee need to use something else.

>> No.26470971

>>26470833
I'm curious about the instances where there are momentary fluctuations from 1 to .9999999 and back

>> No.26471057

>>26470156
how

>> No.26471125

>>26468282
based

>> No.26471294

>>26468282
https://www.youtube.com/watch?v=bHXkfPPoy8o

>> No.26471344

>>26470540
Then you would go down in history as a champion and also as a legend.

>> No.26471361

>>26468112
bitcoin.tax Never traded with uniswap but exchanges have API's where you can import data.

>> No.26471437

>>26471344
I have zero technical ability in this regard, but with the shit I've seen 4chan undergo over the years, I think a general thread devoted to mass spamming frivolous transactions to the IRS would send so many sides into orbit that Earth's ring would rival Saturn's

>> No.26471589

>>26468112
>paying taxes

>> No.26471642

>>26471437
to add, especially in the instances of momentary dips in USDT or USDC, having some IRS wagie go through reams of paperwork only to discover they actually owe you $3k would be fantastic.

>> No.26471822

TokenTax worked for me. Didn't expect it to figure out all the DeFi shit I've been doing but was pretty easy once you connect all your accounts and addresses.

>> No.26472362

>>26468112
>Since I’ve primarily done uniswap
tokentax.co