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Re: WiseYoda post# 31442

Sunday, 02/20/2022 9:35:38 PM

Sunday, February 20, 2022 9:35:38 PM

Post# of 36091
Also … where have we landed with taxes? I’ve heard multiple reports. Coinbase is great. They literally have a form you print with any gains and losses for the year and boom … done. NEXO doesn’t calculate everything for you … but you get a handy little spreadsheet with all your gains and interest earned … a few calculations … and boom done. Does anyone here use ABRA? There … you ask for your tax docs and all they send you is literally a list of dates and time stamps of any activity ,.. but no information on what any of those events were. So the only way you can calculate earnings on four tokens is to look at the amount earned every day on Monday for the last year and then determine a round about price at the time it was dropped to calculate each transaction value in USD. Not happy. Do we have to claim interest from staking or not? I’ve heard conflicting reports. Airdrops I know is a yes and even those won’t be easy.
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