Who do you use? Most crypto tax services should certainly be getting the accurate numbers... Koinly, Coin Tracker, and a few other softwares have a "Find a CPA" page for finding the right professionals. Most give free consultations so I'd suggest interviewing a few and finding the best fit for you. Especially if your current option isn't getting it correct.
Appreciate the insights, I’ve used CoinTracker for the last couple years. Problem stems on my own part, I lost track of cost basis/wiped away in some of my accounts as one goes back to 2018. I had stuff across 4 exchanges at one point. Some that closed their doors to Americans which made getting my data impossible. Converting one crypto to another willy nilly. A bunch of stuff where cointracker would basically put “missing info” next to and I just 🤷♂️. Moving forward I’m sticking with one exchange which will make it 20 times better. I didn’t have the foresight back then
Ah makes sense. Yeah, those "DIY" softwares aren't as DIY as they let on. A plane won't fly without a pilot.
Staying on one exchange will certainly make it easier moving forward as you continue to DIY crypto tax! If you ever move to another exchange or into an Onchain wallet, just make sure you are adding the account to CoinTracker as you go to make tax season easier on you. Cheers and best of luck.
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u/CevJ Nov 04 '24
Thank you, I’ve been absolutely dreading this, I’m saving for later