Tax reporting for gdax/Coinbase

Mar 11, 2018 13 Comments

Anyone know how to report tax to IRS related to crypto transaction?

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TOP 13 Comments
  • Apple fiestacat
    bitcoin.tax covers it and will make TurboTax files for you.
    Mar 11, 2018 1
    • Apple fiestacat
      Actually I’m running it on 2018 and it’s totally doing my GDAX trades wrong… well I got a year to fix it!
      Mar 19, 2018
  • Amazon Timcock
    Bitcoin.tax
    Mar 11, 2018 0
  • Facebook yPRV73
    Check here: https://www.coinbase.com/reports

    You can generate an excel sheet with gains or losses.
    Mar 11, 2018 1
    • Oracle / Eng acfL58
      OP
      Checked but it differentiates between gdax and coinbase .. even coins sent from coinbase to gdax is considered as new transaction. I have a very few sells for year 2017 and rest of my coins are on hold. I could not find same option in gdax .
      Mar 11, 2018
  • Deloitte khufiyapan
    I have literally heard a shit tons of podcasts about how you should and should not do this. My takeaway: skip reporting unless you cashed out of your holdings in 2017
    Mar 12, 2018 3
    • Apple fiestacat
      If you didn’t sell there’s nothing to report though.
      Mar 12, 2018
    • Salesforce Númenor
      So, evade tax? Really?
      Mar 18, 2018
  • PayPal / Eng
    Ifjalpensb

    PayPal Eng

    PRE
    Amazon
    Ifjalpensbmore
    Mar 12, 2018 2
    • Oracle / Eng acfL58
      OP
      This is not yet live but thanks for link
      Mar 12, 2018
    • New coin
      I heard they are helping to calculate for early access users... Give it a try
      Mar 13, 2018
  • New coin
    It's live now and you can calculate and download tax forms for just $0.99
    Mar 27, 2018 0

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