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  1. #1
    Member
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    Feb 2015
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    Portage, Pa
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    crypto currency and Taxes

    Since I'm just getting ready to start with crypto currencies, How are people tracking there trades for tax purposes?

    I just signed up coinbase but haven't bought anything yet.

  2. Member Mike Daleo's Avatar
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    Jun 2004
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    Shelbyville, KY
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    #2
    You can download your tax liability straight from the website.

  3. Member
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    Apr 2012
    Location
    Goldsboro, NC
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    1,061
    #3
    dont fiat in and out often, keep ur trade histories, many crypto tax apps and such but if you dont swap with fiat it will be much simpler overall.

  4. Member
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    Jun 2011
    Location
    Clarksville TN
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    #4
    Quote Originally Posted by zekepa View Post
    Since I'm just getting ready to start with crypto currencies, How are people tracking there trades for tax purposes?

    I just signed up coinbase but haven't bought anything yet.
    I have an excel spreadsheet that tracks investments. I can email it if you need one. You need Microsoft excel to use it.

  5. Member
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    Feb 2015
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    Portage, Pa
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    #5
    Quote Originally Posted by mikeSF View Post
    I have an excel spreadsheet that tracks investments. I can email it if you need one. You need Microsoft excel to use it.
    PM sent

  6. Member
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    Jun 2011
    Location
    Clarksville TN
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    #6
    Did you get the spreadsheet via your email?