At the moment, derivatives and capital gains are not fully separated in Koinly’s reporting.
Specifically, losses from derivatives are currently treated as crypto-to-fiat disposals and included in the Capital Gains report, which leads to incorrect tax reporting in certain jurisdictions. In some countries, derivatives and spot capital gains are taxed under completely different tax rules, rates, or even tax categories, and must not be mixed.
Requested feature:
A setting or option to fully separate Derivatives and Capital Gains
Derivative profits and losses should:
stay exclusively in derivative reports
not affect capital gains calculations
not appear in the capital gains report at all
Capital gains should be calculated only from spot transactions (crypto-to-crypto, crypto-to-fiat, etc.)
This separation is crucial for accurate tax compliance in multiple countries and would prevent manual adjustments or external post-processing of reports.
A toggle or setting (e.g. “Do not treat derivative PnL as capital gains events”) would be an ideal solution.
Thanks for considering this — it would significantly improve accuracy for users trading both spot and derivatives.