HackMD
CoinTracker
Pricing
- Site: cointracker.io/tax/{YYYY}/plans
- You can fully test for free
- View estimated gain/loss and income for all years
- Connect source accounts and fix errors
- 30 day return: What is your refund policy? by CoinTracker
- "You have not downloaded any tax forms or capital gains CSV files for that tax year"
Tools
Filters
About
- Filters are important for resolving errors and/or missing data
- Helps to narrow down where data is potentially missing or incorrect
- E.g. Missing source, transfer in/out, and/or timestamp discrepancy, etc.
Filter types
- "Date"
- E.g., 2023-02-01 to 2023-02-09
- "Type"
- Transaction type, e.g. "Receive"/"Send", "Buy"/"Sell", "Trade", etc.
- "Wallet"
- i.e. Account
- "Currency"
- Assets
- E.g., BTC, ETH, SAFE, and etc.
- "Sync method"
- "Manual" (CSV) or "Imported" (API)
- "Status"
- E.g. "Needs review"
Filter by excluding an item(s) in a filter type
- About: This is important to narrow down to the relevant transaction view when there are many accounts, e.g. dozens, and/or transactions, e.g. 10s of thousands
- A filter type selects all sub-filter items by default
- You can deselect items to narrow down the results
Opportunities
Sort by the highest gain/loss amounts (P1)
- Helps prioritizes fixing transactions with the largest impact
Network filter (P2)
- Assets like ERC-20 tokens can be transacted on multiple networks
- E.g., Ethereum, Gnosis Chain, Arbitrum, and etc.
Apps filter (P2)
- Based on smart contract applications
- E.g., Safe, CowSwap, Uniswap, and etc.
Transaction view
- Understand the movement of assets across linked accounts
- "Outgoing" and "Incoming" columns
- Some platforms only show 1 column for inflows/outflows which makes it hard to visualize the movement of assets across linked accounts
Automatic tax calculations
- Tax calculations run after making changes to a transaction automatically
- E.g. Adding a missing inflow for a transfer to match an incomplete outflow
- This can resolve large inaccurate reported gains
Backup transaction data
- Download tax lot information to use on other platforms without connecting all past sources and fixing issues
- Part of the "Ultra" 2023 plan
Tax loss harvesting
- Part of the "Prime" and above 2023 plans
- Resources
Portfolio tracker
Graph with the change in portfolio value over time
Work with a tax professional
Find a tax professional
Share with your tax professional
- Part of the "Base" and above 2023 plans
- Review account
- Download tax reports
Choose tax strategies
- Access setting: Select your profile username (Top-right menubar) > “Settings” > “Tax” tab
- "Cost basis method"
- HIFO, LIFO, and LIFO
- What options do I have for calculating my capital gains?
- "Cost basis tracking"
- "Treat liquid staking as non-taxable"
- "Treat wrapping as non-taxable"
- "Treat lending as non-taxable"
- "Treat liquidity pool transactions as non-taxable"
- "Treat staking rewards as non-taxable"
Dark mode
October Update: Dark mode and more!
Integrations
Ethereum virtual machine (EVM) compatible networks
- About: This is useful for many layer 2 (L2) networks
- Enable: "Wallets" view > "Add wallet" > "Ethereum" > Select "Add all other EVM wallets with this address"
CSV uploads
About
- Autoconvert format from CSV uploads
- E.g. Coinbase Pro
- Manually convert format from CSV uploads
- See Importing Transaction Histories to CoinTracker Using CSVs
- E.g.
- Ledn
- BlockFi
- FTX US
- Voyager
- etc.
Opportunities
Add "Notes" column (P2)
- Useful to add context, transaction hash, and/or exchange's transaction ID
TurboTax
About
- How to File Crypto Taxes with CoinTracker and TurboTax
- How to Enter Taxable Income into TurboTax
- Using CoinTracker with TurboTax: FAQ
Opportunities
- Integration with TurboTax desktop (P1)
- Provide instructions for handling >4,000 transactions (P1)
Decentralized finance DeFi
Decentralized Finance (DeFi) Guide
Coinbase Pro
- See How to sync Coinbase Pro to CoinTracker
- To research: Coinbase Pro API is no longer accessible through Coinbase?
- Opportunity: Multiple Portfolio support
- Coinbase Pro Transfers between Portfolios not being imported
- Workaround: Upload CSVs for each "portfolio" sub-account
Related topics
Edit
- How to mark transactions with tags - Setting up your Wallets & Exchanges
- I am missing transactions from a wallet or exchange and/or my balances are incorrect. What should I do?
Troubleshooting
- My cost basis / return / capital gain / market value is incorrect. Why?
- Some of my transactions are missing the cost basis or proceeds. What do I do?
- Recover 2FA: I lost my two-factor authentication device. What do I do?
Investors
Entities
- Coinbase Ventures
- Kraken Ventures
- Intuit Ventures
- Accel
- General Catalyst
- Initialized Capital
- Ycombinator (YC) 2018
Resources
This is not financial, technical, or legal advice. Do your own research.
