cryptotax
/cryptotax257
Discussions about crypto tax & accounting - ask questions and get answers. Hosted by the accountants at Tax On Chain (taxonchain.io).
What began as "just launch a token" now requires forensic tax planning😂
Happy Tax Day guys!
Who needs help still to get their taxes done?
Who needs help still to get their taxes done?
🛠️ CPAI MVP is finished!
The foundation is built structured data across wallets, chains, and transaction types.
Now we shift from infrastructure to feature expansion.
What’s ready today:
🟠 CSV exports per wallet vault.
🟠 ML-powered tagging for swaps, staking, airdrops, and bridges.
🟠 Ethereum + Solana integrations.
🟠 Clean UI, accurate explorer links, stable pagination.
What’s coming next:
🟠 Real-time tax engine.
🟠 Portfolio dashboard with wallet + asset summaries.
🟠 Expanded multi-wallet logic and smarter filters.
The core works—now we build.
Use the app today!
👉app.cpai.io
The foundation is built structured data across wallets, chains, and transaction types.
Now we shift from infrastructure to feature expansion.
What’s ready today:
🟠 CSV exports per wallet vault.
🟠 ML-powered tagging for swaps, staking, airdrops, and bridges.
🟠 Ethereum + Solana integrations.
🟠 Clean UI, accurate explorer links, stable pagination.
What’s coming next:
🟠 Real-time tax engine.
🟠 Portfolio dashboard with wallet + asset summaries.
🟠 Expanded multi-wallet logic and smarter filters.
The core works—now we build.
Use the app today!
👉app.cpai.io
Made some good progress on the crypto accounting today, just ~3000 transactions left to review 😛 Got a first capital gains calculation going and it looks… expensive.
Always fun when token transactions don't emit transfer events… Here's the friendtech token claim 💩 https://basescan.org/tx/0x6398ec49e6f795649a2fafa08cd54da3604727306641a35ef0b476e54777f170
New day, new accounting software. Now giving https://www.blockpit.io/ another try and it actually seems to import all transactions correctly! Portfolio value and PNL seem reasonable as well 👀
this December's loss harvesting is going to be amazing
I'm happy to see locking historical transaction tx data is coming to @cointracker soon!
This is a great feature after working to get all of your data accurately connected.
https://x.com/adamshurwitz/status/1744857796804239776
This is a great feature after working to get all of your data accurately connected.
https://x.com/adamshurwitz/status/1744857796804239776
This article from Koinly is one of the better resources I've come across on crypto taxes.
https://koinly.io/guides/crypto-taxes/?_gl=1*11l6nqd*_gcl_au*MTkxMjY5ODY0OC4xNzQyNTc3Mjk1*_ga*MjI3MzA3MDE4LjE3NDI1NzcyOTY.*_ga_2YY60QTWGC*MTc0MjU3NzI5NS4xLjEuMTc0MjU3NzM2My42MC4wLjIwNjEzMzkwMjg
https://koinly.io/guides/crypto-taxes/?_gl=1*11l6nqd*_gcl_au*MTkxMjY5ODY0OC4xNzQyNTc3Mjk1*_ga*MjI3MzA3MDE4LjE3NDI1NzcyOTY.*_ga_2YY60QTWGC*MTc0MjU3NzI5NS4xLjEuMTc0MjU3NzM2My42MC4wLjIwNjEzMzkwMjg
Why do crypto accounting tools always mess up the reports 🤣 Crypto Tax Calculator is telling me I have $34 quadrillion (!) gains and could save $854,000 in taxes!
Talking to a crypto tax agency now, they want a $3000 retainer to start working on the accounting 🥲
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Today I learned TIL in the US you can carry over short and long term capital gains loss to apply to future year's capital gains.
Previously I thought losses could only be applied to future year's income of ≤$3,000, not including capital gains after that.
https://www.thebalancemoney.com/can-a-capital-loss-carryover-to-the-next-year-2388983
Previously I thought losses could only be applied to future year's income of ≤$3,000, not including capital gains after that.
https://www.thebalancemoney.com/can-a-capital-loss-carryover-to-the-next-year-2388983
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What’s everyone using for crypto accounting? Rotki, coin tracker, manual?
Every year I can count on @cointracker's guide to clearly explain crypto tax updates for everything from Ethereum native and liquid staking, onchain lending, etc.
https://www.cointracker.io/blog/crypto-tax-guide
https://www.cointracker.io/blog/crypto-tax-guide
You don’t have a tax problem—you have a data problem.
Introducing the CPAI Transaction Engine, a powerful AI tool designed to work alongside your existing crypto tax software—helping you sort, categorize, and understand your transactions with ease.
Here’s how it works:
🔹 Stay private – Create an account with Privy for pseudo-anonymous tracking.
🔹 Manually select transactions – Sort by highest value or errors in your tax platform.
🔹 Input your chain, wallet address, and transaction hash – Let CPAI’s AI provide deeper insights.
🔹 AI-powered insights – Categorization, tagging, and real-time transaction explanations.
Introducing the CPAI Transaction Engine, a powerful AI tool designed to work alongside your existing crypto tax software—helping you sort, categorize, and understand your transactions with ease.
Here’s how it works:
🔹 Stay private – Create an account with Privy for pseudo-anonymous tracking.
🔹 Manually select transactions – Sort by highest value or errors in your tax platform.
🔹 Input your chain, wallet address, and transaction hash – Let CPAI’s AI provide deeper insights.
🔹 AI-powered insights – Categorization, tagging, and real-time transaction explanations.
I’m looking for a tool to calculate my taxes. It needs to track all the transactions on Ethereum L1 / L2 / L3. Better if it can calculate the gains and losses based on LIFO.
Any suggestion?
Any suggestion?
While everyone on @base is off having fun at EthDenver, I seem to have found myself deep in the tax trenches on this fine morning 🤣
Who else still does all their own crypto tax reporting?
Who else still does all their own crypto tax reporting?
Reminder: S Corp tax filing deadline in 1 month
Just spent 2 hours figuring out how to get /rodeo-club transactions into CoinLedger.
To mint/buy NFTs on Rodeo, funds come from the platform-custodied smart contract wallet but NFTs go to your self-custodied wallet.
Adding my self-custodied wallet to CL was no big deal, but CL does not support smart contract wallets at this time, so you have either 1) manually enter each txn one-by-one or 2) use CL's Universal Manual Import Template — a CSV file made available via Google Sheets.
As of this writing I've collected 259 pieces on Rodeo, so one-by-one entry is not the way.
An extra complication: IDK how to link the purchase in the platform wallet (called a "Withdrawal" in CL) to the received NFT in the self-custody wallet (called a "Deposit" in CL) other than going back one-by-one.
To mint/buy NFTs on Rodeo, funds come from the platform-custodied smart contract wallet but NFTs go to your self-custodied wallet.
Adding my self-custodied wallet to CL was no big deal, but CL does not support smart contract wallets at this time, so you have either 1) manually enter each txn one-by-one or 2) use CL's Universal Manual Import Template — a CSV file made available via Google Sheets.
As of this writing I've collected 259 pieces on Rodeo, so one-by-one entry is not the way.
An extra complication: IDK how to link the purchase in the platform wallet (called a "Withdrawal" in CL) to the received NFT in the self-custody wallet (called a "Deposit" in CL) other than going back one-by-one.
"you can't spreadsheet your way to a fulfilling life"
"i built a technically perfect life that was practically impossible to live in."
- hard truth, so true.
https://x.com/itsolelehmann/status/1879178195746062735
"i built a technically perfect life that was practically impossible to live in."
- hard truth, so true.
https://x.com/itsolelehmann/status/1879178195746062735
