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Crypto Taxes
Hi, I have synced my exchanges to Coinledger & Cointracker yet both have given me completely different figures for both the capital gains & total income. In addition, there are missing cost basis (only for 2 coins but w/ many purchases )- which may be the reason why the figures are a bit different. One of the coins has 25 purchases & only 2 sells. I think the reason why it's not syncing is b/c of how some exchanges no longer are in existance. I DO Have however, the excel sheets downloaded showing size, price of coin at the time of purchase, fee & US price at which they were purchased at.
I know the IRA may not accept it but after some research I plan to tally the USD that I've paid for these coins, then divide that figure by the sum of the size units of the coins and use that figure as the cost basis. Your thuoghts?