how are you guys managing taxes in crypto?
how are you guys managing taxes in crypto?
This is my first year actually filing taxes ( I know, holyairball).
and I just realised how messy it is with all the CEX’s and a freakishly hefty amount of DeFi activities on ethereum, polygon and solana and stuff along with my trades cross multiple wallets and chains….it’s all just a pile of mess I don’t even wanna look at, but HAD to, it’s a nightmare put simply.
i’ll point out my key issues without sounding like a bot,
-tracking everything
-spreadsheets i missed stacking rewards and lp activities, also got no clue how to handle these bridging and wrapped up tokens
-most software’s are US/UE focused and i need some global filer.
I know some ignore these but figured should rather stay complaint and yet im not looking for a full war-mode software just to help with these basic requirements to give me a clean report or summary of all the stunts im pulling.
any help is much appreciated.
Paying your crypto taxes is like showing up for a court date. Don’t do it.
We go to the losses section of our reporting tool and put in the money we lost
