Margin tags not calculating gains or losses in transactions or tax summary
submitted
Sam - CoinTracker
Users may experience:
- Users report categorizing their margin related activity as margin gain, margin loss, and margin fee, etc as not being included in their tax summary.
- Users that tag crypto Send transactions as margin loss will see a capital gain applied
- Users that tag fiat Send transactions as margin loss will see no gain applied
- Users that tag a crypto receive as a margin gain will see no gain applied
- Users that tag a fiat send as a margin gain will see no gain applied
Expected behavior:
- When a user categorizes their transaction as a margin gain, margin loss, or margin fee, they expect the taxable implications to be summarized on the tax page and included in their tax forms
As a user, what should I do?
There is no current workaround for this behavior, we recommend users connect to their tax professionals for assistance.
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!
Keywords: margin, margin loss, margin gain, tax summary
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Sam - CoinTracker
submitted