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RE: Koinly - Handy Tool To Calculate Crypto Taxes

in LeoFinance • 5 years ago (edited)

If only I'd had the energy to write this post, add my own referral link and earn a bit more crypto income that needs to be accounted for! 😂 😂 😂

. . . The rest of this comment got so long I decided I may as well write my own post after all. Or maybe not . . .

P.S. Glad you're finding Koinly helpful.

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When you figure out what to do about Splinterlands purchases do let me know!

At least we've all earned so little we don't have to declare anything!

Yeah exactly, although not sure how the pooling side of it will work if you sell enough of Splinterlands stuff over time. For example, if you end up selling £4k worth and that clears your pool out, if that would then start a new pool with new CGT threshold or if it would continue contributing to your overall pool amount.

I guess filling out Koinly will provide the answers haha! I'm still researching myself as I want to understand it, may have to ask my accountant mate if he knows!

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When you figure out what to do about Splinterlands purchases do let me know!

Will do. 😊

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LOL! At least if it's free crypto, all you need to do is know what the market price is of it at the time you receive it and then work out the market value at time of disposal... i.e. get Koinly to do it for you haha!

Looking forward to your post... or not!

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Yeah. But I can't get access to the records. That was in my long comment. Forgot I didn't post that bit. 😂

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Ah, you may have to use some "artistic licence" then!

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