Show a list of purchase lots with their cost-basis (to allow user to predict / plan before selling)
planned
T
Thistle Otter
Allow user to view a list of purchase lots to be utilized (in relevant order) if user were to sell coins from that specific wallet. This will allow user to predict the cost basis to be utilized for transactions and this way optimize which wallet to sell from and how much.
As more advanced feature: Allow user to see what would be tax impact of certain transaction from certain wallet
For Koinly these type of features would be step in direction towards tax optimization software (actual guiding crypto decision) rather than pure tax reporting software. If I were Koinly I would go towards this direction.
D
Dandelion Harrier
Yes this would be very useful
Jack
Merged in a post:
Current Holdings by Tax Lot Report
S
Sepia Lion
On other tax softwares, you can generate a report of your current holdings split up by tax lot. This allows traders (and their tax planners) to make more informed decisions and strategize sales.
Instead of just seeing the average cost basis for each coin held, I want to be able to see the detailed tax lots that make up the balance in order to strategically sell certain lots. This should have a report option (not just be in the UI) so offline analysis can be done in excel sheets or other tools.
Jack
Merged in a post:
Create a csv file containing all the lots remaining at the end of fiscal year
V
Valuable Raven
Create such file for each wallet. These files can then be imported for next-year taxes, allowing API sync for latest tax year only. This will be the equivalent of importing last year taxes to a standard tax software
E
Elated Panda
This is one of the most needed features as we heads towrd the end of the bull run.
L
Lavender Jay
x2. I can't stress how important this info is and there currently isn't any way to generate such a report. Koinly already has this info so hopefully the ability to output the data to a report wouldn't be a huge undertaking.
P
Petur
planned
This is planned as a Version2 of our new Tax Optimization dashboard!
The ETA is Q3 or Q4 this year
T
Tired Goldfish
Petur nice
Z
Zaffre Wren
Petur came here for this! Glad to hear it! How's it going? How much of XXX asset can I sell at a loss!? or minimal gain. Need to knowwwwww
S
Serious Sparrow
This would be an incredibly helpful feature
K
Kumquat Basilisk
Merged in a post:
Show quantity of tokens at a loss
Z
Zaffre Wren
My positions are made up of many lots, however I only want to sell the lots which are currently at a loss. I know my overall cost basis, but how many coins should I sell to avoid triggering a CG event?
Example:
- Bought 1 ETH at $500
- Bought 2 ETH at $1,000
If the current ETH price is $750, it would show that 2 ETH can be sold at a loss without triggering a CG event.
K
Kumquat Basilisk
Merged in a post:
Extended report of cost basis
C
Celadon Falcon
Requesting a report that lets us view current cost basis lots (dates and current cost basis)- something that can be either exported separately as a CSV file, or viewed as its own 'cost basis' history.
R
Remarkable Flamingo
I think this feature would be amazing to help with with tax strategy. There is a way to fake this, but it has limitations. You create a fake/temporary transaction in which you sell all of your asset. After the software updates cost basis, you can click on the transaction and use the "Cost Analysis" tab to see the lots that were sold. However, the limitation is that is only shows you 25 of these lots.
It is obvious the data is there, so let's hope it's possible to allow us to see the lot info without faking transactions.
S
Serious Sparrow
Remarkable Flamingo: agreed it would be incredibly helpful to do instead of the guess work and time taken to input false transactions and see what the P/L would be
B
Burgundy Toucan
Remarkable Flamingo
B
Burgundy Toucan
Serious Sparrow
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