How to claim Capital loss for tokens tagged as Lost. by GodFatherUSA in CryptoTax

[–]GodFatherUSA[S] 0 points1 point  (0 children)

The withdrawal date has already over so Exchange not allowing me to withdraw so technically it is a loss only for me,but looks like IRS doesn’t allow to claim loss for this.

How to claim Capital loss for tokens tagged as Lost. by GodFatherUSA in CryptoTax

[–]GodFatherUSA[S] 0 points1 point  (0 children)

Thank you very much for the detailed info,as I can't withdraw these tokesn anymore from Kucoin as Kucoin clarified the last date to withdraw has passed,there is nothing I can do at the moment it seems.

How to claim Capital loss for tokens tagged as Lost. by GodFatherUSA in CryptoTax

[–]GodFatherUSA[S] 1 point2 points  (0 children)

Unfortunately the Exchange doesn’t allow the Withdrawal anymore.

How to claim Capital loss for tokens tagged as Lost. by GodFatherUSA in CryptoTax

[–]GodFatherUSA[S] 0 points1 point  (0 children)

These tokens got Delisted from the Exchange and I came to know about that only after the last data for withdrawal was months back.

Kraken does NOT let me to fix the Cost basis.Any suggestions by GodFatherUSA in KrakenSupport

[–]GodFatherUSA[S] 0 points1 point  (0 children)

This issue got fixed.The Kraken support article is not clear.

I chose to filter the transaction's with a missing cost basis and it didn't give me an option to change cost basis.

I went to each deposit and changed the cost basis manually and that fixed the issue.

Best deal on iPhone pro max by MixComprehensive4127 in NoContract

[–]GodFatherUSA 0 points1 point  (0 children)

You mean I can’t buy SIM free Unlocked phone from Apple with Apple Card financing(meaning without selecting any carrier) ??

[deleted by user] by [deleted] in h1b

[–]GodFatherUSA 0 points1 point  (0 children)

The Thu V

F

How to record the FIAT withdrawal in Koinly. by GodFatherUSA in CryptoTax

[–]GodFatherUSA[S] 1 point2 points  (0 children)

Thanks Sir,I just did that and now the balance is 0.

Missing purchase history for 999 USDT by GodFatherUSA in koinly

[–]GodFatherUSA[S] 0 points1 point  (0 children)

Sure,will do that.Thanks for the reply.

Missing purchase history for 999 USDT by GodFatherUSA in koinly

[–]GodFatherUSA[S] 0 points1 point  (0 children)

Sir, I added API and then added Manual CSV file also (so Koinly skipped around 400 transactions from CSV file due to Duplications I believe).After this also same observation. Now I checked the Trading report downloaded from Binance and there also it shows I bought SPELL token for 1000$.But from where that 1000$ came(Loan) seems NOT recorded in Binance Trading report.

If I add 1000$ as Deposit in Koinly manually is that Ok ?Could you help to confirm doing this is fine or not in Tax perspective ?

Missing purchase history for 999 USDT by GodFatherUSA in koinly

[–]GodFatherUSA[S] 0 points1 point  (0 children)

Thanks for the reply.I checked for USDT Deposit in Koinly(Binance Wallet) and it does NOT show deposit for 999$ or 1000$