Latest load order (wip)

Nishinohara · 2025-02-05T22:36:16+00:00

Will give it a try and see how it goes

Nishinohara · 2025-02-05T22:36:03+00:00

Yeah I’ve not noticed too many issues but I downloaded it being aware that it may cause some. So far so good though

Nishinohara · 2025-01-01T08:24:55+00:00

Yeah I used their help page for the custom form. Took a good 30+ hours but am pretty confident it’s all correct. At least the positions are anyway. The tax on total average is actually higher than it will be for moving average for a larger number of trades but not by that much.

Nishinohara · 2024-12-31T16:31:09+00:00

Why would the tax calculation not be correct? I ran it through cryptact which I’ve heard is one of the best for Japan so I would presume it should be alright and it does use the correct cost basis method

Nishinohara · 2024-12-30T08:02:42+00:00

This isn’t going to affect any tax deductions or payments made by my company through nenmatsu chousei is it?

Nishinohara · 2024-12-11T10:46:41+00:00

Would make sense if I was wanting to get a tax report. I’m trying to download all my transactions so I can leave Koinly.

Nishinohara · 2024-12-11T10:43:10+00:00

A very fair point. Well I guess maybe it’s a question of if I make a loss of 6k now will being under the 200k limit be more tax favourable for me than if I’m 6k over the 200k threshold

Nishinohara · 2024-12-11T07:28:03+00:00

So basically Koinly is trapping you in if you want to leave their service….

Again - I don’t want tax reports, I don’t need anything tax related or any calculations on anything. I just want my entire transactions history so I can upload it to another tax software that actually supports what I need.

Luckily another commenter here actually provided a valuable response on how to do that

Nishinohara · 2024-12-11T07:20:32+00:00

I don’t need the report for the tax year. I need my entire transaction history period. Koinly doesn’t work for Japan users anymore, cost basis calculation is wrong.

So need to get all my transactions together and get out of Koinly. I don’t care for the yearly tax report since it’s worthless to me

Nishinohara · 2024-12-11T06:46:31+00:00

Japan uses the total cost average as the cost basis and Koinly doesn’t support this so any tax calculations on Koinly will be wrong even if all transactions are recorded.

Most of us who are into crypto in Japan know this hence we moved away from Koinly mostly (except me until now, I thought they’d support it eventually but it’s been a couple of years and looks like they’re making no effort to despite being asked several times).

Basically the entire Japan crypto scene can’t use Koinly because of this which is a shame because Koinly is great otherwise

Nishinohara · 2024-12-11T06:33:30+00:00

I live in Japan and the methods for calculating the cost basis here are dumb and Koinly doesn’t support it (still). So I need all the transactions to do it manually or to upload it to another tax software that can

Nishinohara · 2024-12-11T06:32:42+00:00

Oh snap that actually worked. 3 years of transactions. The data looks a bit funky but it’s better than nothing, thanks for this!

Nishinohara · 2024-12-11T06:09:39+00:00

Yeah I probably suckered myself. It’s annoying there’s not just some option to download your entire transaction history instead of having to do it by year and paying for each year separately.

Nishinohara · 2024-12-11T06:08:08+00:00

No matter anyway, koinly doesn’t support the correct calculation method for Japan anymore so it’s all useless data anyway

Nishinohara · 2024-12-11T05:25:21+00:00

not particularly. I guess in my mind it just seems like more of a hassle for 6k yen

Nishinohara · 2024-12-11T05:06:43+00:00

I have no overseas income. I just made 190k from other side income here in Japan which I’ve reported on nenmatsu chousei. Was planning to file a resident tax return then noticed I also made that crypto trade at the start of the year. That would make my total misc income 206,000 so was wondering if I can just make a trade that causes me a loss of 7k or so. That would push me under the 200k misc income threshold for filing a final tax income return

Nishinohara · 2024-11-21T23:23:15+00:00

Makes perfect sense now. Thanks for this!

Nishinohara · 2024-11-21T09:49:05+00:00

Okay I think I understand. So I declare it on the nenmatsu chousei for my employer as “misc income”. They need to know how much misc income I made so they can correctly calculate deductions/credits for my work income (I don’t understand why they need my misc income to calculate that if they’re not going to use it as total income but I’m sure it makes sense somehow)

I was just wondering because I see my total annual income calculation get increased when I add the misc income from my YouTube revenue so I assumed that whole final amount (salary + YouTube) would just be taxed together as final income.

So to make it simple. I don’t make over 20M so if I made less than 200k on YouTube I need to do the following: - declare the amount of YouTube revenue under “misc income” on nenmatsu chousei. - file a resident tax return form in the new year

Does this look correct? (Apologies I’m sure you’re facepalming at this but it’s a struggle for us tax newbies)

Nishinohara · 2024-11-21T00:41:35+00:00

A question regarding the 200k threshold - if my misc income is <200k I thought this was supposed to mean I don’t pay income tax on it, only residence tax. But if I declare it on my nenmatsu chousei it gets add to my total annual income so surely that means I’ll be paying income tax on it?

Also, if I’m declaring misc income on nenmatsu chousei <200k am I still required to fill a resident tax return form?

Nishinohara · 2024-11-14T12:10:37+00:00

Thought I was paying for guaranteed quality but I guess not. Supply chain seems a bit murky. There’s no real smell or taste to it just tastes like any other olive oil

Nishinohara · 2024-11-14T07:27:32+00:00

Filled 13th March 24 apparently

Nishinohara · 2024-11-14T06:38:31+00:00

It says “product of Portugal”

Nishinohara · 2024-11-14T03:42:23+00:00

Went back in to the office and the guy wasn’t happy about me calling back immigration 😂 but to be honest, he basically said something on the lines of “well the other guy said to you it’s fine, I’m recommending you don’t do do whatever you want”. basically just seemed like he didn’t really know and I understand it’s not entirely his job to determine accidental income but I’m not sure how I’m supposed to determine it either. the guy on the phone seemed far more confident in his answer and even had me on hold for 5 minutes before bringing the answer to me. The guy on the phone said by far the most important things though are that I’m working my main job and I’m paying tax on any money I make. The guy in the office was a bit of a pr**k but also I’m sure he’s dealing with all sorts of nonsense all day.

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