Manually creating and editing wallet to wallet transfers are classified as trades
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Users may experience:
- creating or editing a transaction manually to create a transfer classifies the transfer as trades. Here is an example transaction of the misclassified transaction created for testing. For users that may report similar behavior!
Expected behavior:
- Transactions that have equal incoming and outgoing values should be classified as Transfers and not trades.
As a user, what should I do?
- No action is needed at this time, our team will update this post once a fix is deployed!
- Users who are seeing capital gains on these transactions categorized as trades can mark the transaction as Non-taxable until these transactions are correctly categorized. Review our guide on editing transactionsfor full instructions.
How can users provide feedback?
You can 🔼 upvote this forum post to indicate you are experiencing this behavior. The post status will be changed to
Complete
once a fix is rolled out to all users. Up-voters will be notified of the status change.I need additional assistance, who can I contact?
For further assistance, please contact our
support team directly
.Thank you for your understanding and cooperation as we work to enhance your CoinTracker experience!
Keyword: transfer, trade, edit transaction
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Sarah T. - CoinTracker
confirmed
Sam - CoinTracker
submitted
Sam - CoinTracker
Merged in a post:
Transfers showing large loss (as if I traded instead)
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I have multiple transactions (manual ones) where the transferred amount is showing as a large loss (as if I had TRADED the crypto instead) ~ see pic (sent/received amounts in pic exactly the same). This issue has been occurring for weeks now.
Sarah T. - CoinTracker
Sam - CoinTracker
.