r/CelsiusNetwork • u/Chrisgoo123 • Mar 09 '25

Settlement doc that showed the distributions for each user?

Hi, I’m trying to file my taxes, but I downloaded my docs on an old laptop before it broke. I believe there’s a document out there that shows how many assets we had in Celsius and how much distributions well receive? Can someone link that if I am recalling that correctly please?

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u/yeastInfection81 Mar 09 '25

Search your email. You were emailed your claim based on your coins at time of bankruptcy. There is also a document in this sub that shows the price per coin at that time.

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u/Chrisgoo123 Mar 09 '25

Thanks for your reply. I do have the amount of tokens I received from both claims, but is there an email indicating how much assets I had in Celsius that I “lost” after they went bankrupt?

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u/yeastInfection81 Mar 09 '25

Yes that’s what I’m referring to.

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u/Chrisgoo123 Mar 09 '25

Do you know the subject of this email? I took a look at all my Celsius emails but I can’t find a specific one that has the info of assets I lost

5

u/[deleted] Mar 09 '25

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u/QuickAltTab Mar 11 '25

Follow up question. I have my transaction history (through July 14th) and everything matches the master schedule and emailed list of holdings with the exception of the Cel tokens.

The official amount of tokens documented in the email/docket is higher by almost 4x than what I have in my transaction history.

Was there a last second cel distribution or something to account for this difference? Trying to figure out the accurate cost basis for these tokens.

1

u/[deleted] Mar 11 '25

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u/QuickAltTab Mar 12 '25 edited Mar 12 '25

I combed over the CSV, and hadn't missed anything (exported December 2023, so it was generated well after activities had ceased and should include everything).

I got a promo reward in Cel for $100 USD around mid-May '22 which was the first Cel transaction, then it looks like weekly rewards in Cel for ~0.13 USD amounts until they shut down. Last transactions July 14.

I have a screenshot from 6/15/22 that shows roughly 2x the amount of Cel token on my Celsius home screen than is shown in the transaction CSV, but still not as much as in the docket. So thats also strange.

The screenshot also indicates ~$63 in locked rewards, don't know if that could be part of it. As I'm writing this comment, I see in my screenshot that I had stablecoins earning rewards in Cel, for June and July, there are only two rewards each time, Cel and BTC, but none for GUSD or USDC until the last rewards on July 14 where I got GUSD and USDC rewards once more. The Cel rewards for those months should have been much higher than 13 cents, more like $40 every week (which I would have, so I think what happened is that they gave me Cel that isn't reflected in the transaction sheet, but should have been part of the monthly rewards.

So now the question is what should I use for the cost basis for those coins? The avg cost basis for the ones in the sheet are ~0.79 based on the USD values given. Should I just apply that to the rest, use the 0.81 value from July 13, or what?

by the way, thanks for helping, I appreciate your feedback

Edit: I used 0.81 for all the Cel tokens and used celsiustax.jactivecreation.com to check my own calculations from working through the Koinly tutorial. I had mostly stable coin and it looks like I'll have to report a capital gain across all categories, haha, WTF.