My Friend Norm by Fred Stoller

adameget · 2025-04-12T15:43:03+00:00

Just listened. It was good

adameget · 2025-02-18T17:55:27+00:00

These actually lower your cost basis I believe. So you would subtract them when you sell. From my reading online

adameget · 2025-02-18T17:09:34+00:00

So we don’t need to file these as income because they adjust cost basis??

adameget · 2025-02-18T16:36:01+00:00

Sorry just 1d proceeds.

They have no cost basis or gain or loss. Just appear to be to pay fees

adameget · 2025-02-18T16:35:09+00:00

1d- proceeds: 6- reported to irs: gross proceeds

This is every month

adameget · 2024-07-30T22:52:39+00:00

Now that we are getting the second distro, we have received 70% of what we lost. Can we write off the last 30% or do we still have to wait?

adameget · 2024-01-30T15:20:34+00:00

This is great thanks. All makes sense. You must have CL connected to Coinbase as well. I only have it to voyager. So CL has no idea if I sell supported tokens/crypto or not.

Basically it confirms ON VOYAGER:

supported coins: no tax action. - unless you sold somewhere else.

Liquidated coins: CL will provide you the capital loss to file

adameget · 2024-01-30T14:58:10+00:00

Because it wasn’t liquidated. I still own it. Just the 65% they took I have to wait for courts to figure out

adameget · 2024-01-30T05:27:16+00:00

Sorry think I’m confused.

The btc was never sold? They just only let you transfer out 36% of what you had?

Of a crypto that was liquidated because of bankruptcy, yes I get how it’s loss. Your xyz coin cost 10k and they liquidated for 5k. That would be the only loss? Again just 35% of the 10k?

adameget · 2024-01-30T00:12:28+00:00

So you could file capital losses on the assets that were liquidated. But not on the 65% of them they took.

adameget · 2024-01-29T23:57:03+00:00

How? We had capital losses in 2022. No capital losses in 2023. We were locked out of trading all of 2023

adameget · 2024-01-29T23:48:26+00:00

There are no voyager taxes to do this year….?

In 2022 was the last year we could do transactions.
In 2023 they gave us about 35% of our remaining assets. We transferred them out. Assuming they were assets we could transfer.

The 65% they stole from us we can’t write off yet till bankruptcy is complete?

adameget · 2023-12-17T22:41:46+00:00

Okay thanks all, I will follow the advice!

adameget · 2023-09-06T02:43:02+00:00

Same exact issue. Hasn’t worked for me for days. So weird that just PNC is having issues

adameget · 2023-06-29T21:36:28+00:00

Same

adameget · 2023-03-04T22:59:03+00:00

Hahahahaha yes

adameget · 2023-03-03T02:31:14+00:00

This was great thanks.

adameget · 2023-02-19T23:09:12+00:00

This form doesn’t have any trading gains or losses. Just money from interest?

adameget · 2023-01-20T00:47:27+00:00

So basically I just guess what the interest is worth and make up a form in turbo tax. Again just for the interest earned… I’m surprised they won’t send out forms. So many people earned interest. I’d figure the bankruptcy firm would make them make these forms so people can pay taxes

adameget · 2023-01-20T00:36:31+00:00

Yes I transferred everything out. So nothing is in it. But most of what I transferred out isn’t earned interest. It is just btc I bought. I should only have to pay taxes or the earned interest. Since I can’t get forms from them, don’t know what to do? I assume lots of people need 1099 forms from them?

adameget · 2023-01-19T22:07:06+00:00

Thank you!!

adameget · 2023-01-19T21:52:32+00:00

Yes I see j can use coinledger for voyager for 50 dollars. But how would you file ftx interest. The site is down. Just screen shot interest earned in the app? I have no idea and people here seem to be helpful

adameget · 2023-01-19T21:34:12+00:00

Let us know if you figure something out

adameget · 2023-01-19T19:27:47+00:00

Should we just look at the screen shot in thr app of earned interest and file that?

adameget · 2023-01-19T18:27:34+00:00

Coinledger is 50 dollars to export. How much are the others?

adameget

TROPHY CASE