01-08-2022, 08:27 AM
OMG Taxes
<!-- SC_OFF --><div class="md"><p>First of all, just wanna say holy f***. I just spent the last 10 hours trying to import everything into Koinly. Spent the $179 to file the stupid taxes. </p> <p>Things I’ve learned today? JFC almost nothing. There are so many wallets not supported in Koinly such as Cosmos, Bitforex, OMI, Yieldly. I spent so much time creating wallets by scratch in order to then manually imput every transaction in those that didnt have an API or didnt have a CVS which is surprisingly too damn high!</p> <p>Can you deduct the $179 fee for Koinly from your taxes?</p> <p>I called an accountant before I did all this and they basically had no clue. Hopefully I’m about to save a lot in not using an CPA. </p> <p>Moral of the story, stay on top of it throughout the care. Cannot emphasize that enough. I did stay on top of it but clearly it wasn’t enough. </p> <p>And yes, before anyone asks, I did put the Moons in there too. That was ALSO a pain</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fixerdrew02"> /u/fixerdrew02 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryquh9/omg_taxes/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryquh9/omg_taxes/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>First of all, just wanna say holy f***. I just spent the last 10 hours trying to import everything into Koinly. Spent the $179 to file the stupid taxes. </p> <p>Things I’ve learned today? JFC almost nothing. There are so many wallets not supported in Koinly such as Cosmos, Bitforex, OMI, Yieldly. I spent so much time creating wallets by scratch in order to then manually imput every transaction in those that didnt have an API or didnt have a CVS which is surprisingly too damn high!</p> <p>Can you deduct the $179 fee for Koinly from your taxes?</p> <p>I called an accountant before I did all this and they basically had no clue. Hopefully I’m about to save a lot in not using an CPA. </p> <p>Moral of the story, stay on top of it throughout the care. Cannot emphasize that enough. I did stay on top of it but clearly it wasn’t enough. </p> <p>And yes, before anyone asks, I did put the Moons in there too. That was ALSO a pain</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fixerdrew02"> /u/fixerdrew02 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryquh9/omg_taxes/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ryquh9/omg_taxes/">[comments]</a></span>Kind Regards R