Improve Tax Loss Harvesting (TLH) Accuracy for wallets with missing history
confirmed
Emma - CoinTracker
What is being requested?
Improve the consistency and accuracy of Tax Loss Harvesting (TLH) suggestions when wallets on CoinTracker are missing transactions activity.
Specifically:
- Ensure TLH wallet balances match the transaction page balances.
- Warn users about transaction history errors that may impact TLH recommendations.
Why is this needed?
Users rely on TLH recommendations to make tax-efficient trades. However, inconsistencies between TLH wallet balances and transaction page balances create confusion and potential inaccuracies.. A warning system would help users avoid acting on incomplete data.
What can users do now?
- Users must manually verify balances on the transactions page before following TLH recommendations.
- No built-in warnings exist; users must review their transaction history manually.
Keywords: Tax Loss Harvesting, TLH errors, wallet balance mismatch, transaction history warnings
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Emma - CoinTracker
confirmed
This issue is now resolved for staked assets. We are making further improvements to resolve the functionality for wallets with an incomplete transaction history.
Sarah T. - CoinTracker
Merged in a post:
Toggle switch to exclude staked assets in the Tax Loss Harvesting Tool
C
Claudia Siegman
Users Feature Request:
Add a toggle switch to the Tax Loss Harvesting Tool that will show results that exclude any tokens that are currently staked.
As a user, what can I do?
At this time, the Tax Loss Harvesting Tool will show all assets that can be sold at a loss to harvest tax losses, regardless of their status as staked or un-staked. There is no work around at this time. To realize the tax losses, staked assets can be un-staked and sold.
I need additional assistance, who can I contact?
For further assistance, please contact our support team directly.
Thank you for your feedback and cooperation as we work to enhance your CoinTracker experience!
Keywords: Tax Loss Harvesting, Staked tokens, Harvestable loss
Emma - CoinTracker
submitted