It's Tax Time !!! How is Everyone Calculating Their Crypto Tax?

xReminisce · Jul 15, 2022

Anyone doing some fancy excel template or using some software to calculate this?
Wanna share base templates with me/everyone

Been doing it line by line and it's super taxing on me considering I make hundreds of trades...
Surely there is a better way to do this

Bloodseeker · Jul 15, 2022

Crypto tax is applicable in our country from the current financial year 2022-2023. So, we are safe for now

xReminisce · Jul 15, 2022

Bloodseeker said:
Crypto tax is applicable in our country from the current financial year 2022-2023. So, we are safe for now

Lucky you !
But that's this year, ain't you gonna prepare for it though

Bloodseeker · Jul 15, 2022

xReminisce said:
Lucky you !
But that's this year, ain't you gonna prepare for it though

I prepared for the last financial year this year. So I've plenty of time

xReminisce · Jul 15, 2022

Bloodseeker said:
I prepared for the last financial year this year. So I've plenty of time

I spent a solid week or two doing my crypto tax alone for this upcoming one
It was a total freaking pain in the ass... Hence why the question xD

1618887 · Jul 15, 2022

You mean crypto losses right

xReminisce · Jul 15, 2022

tweeties said:
You mean crypto losses right

Loss & Gains are both part of the tax sheet

so yeah, still gotta track that !

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