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Investors & landlords
I can say that with the new crypto reporting requirements, the software is definitely still not fixed. It even seems that the situation is worse than has been reported, the algorithm is actually rounding the COST (or other basis) DOWN and rounding the PROCEEDS UP. Example:
From brokerage:
Actual Cost: $3.34, Actual Proceeds: $2.01, Gain or loss: -$1.14
As reported on my taxes by TT:
Actual Cost: $2, Actual Proceeds: $3, Gain or loss: +$1
When there are a ton of transactions each one is chiseling away at my return. I pay a premium to use this service and I expect it to produce accurate returns and even find value to add to my return, not whittle it down through bad rounding algorithms.
Once again, I'm posting here because this needs to be addressed and use DOLLARS and CENTS to accurately report my numbers.