I am new (2.5 months) to crypto and just started using Accointing so that I am all set up for the dreaded tax submission! What I don’t understand is that my portfolio shows a very high ‘net profit’ and I’ve only just begun to make some profit from my trades. Does this not take into account my initial outlay (Fiat deposit)? As the net profit amount is almost my initial input amount. Or have I got to manually adjust this somewhere? Thank you
- Make sure to classify your transactions correctly: Here are the breakdown of classifications: Crypto Tax Classifications : Accointing AG
Here is how you are taxed per classification: You searched for classifications - Accointing Blog - Cryptocurrency Portfolio Tracking & tax Software
Check the solution in this post: Portfolio Value graph incorrect
Also can you send me a screenshot of your missing currieries under the Review tab?
Here is an article if if prefer to read over watching that video. Calculated and Actual Balance on the Accointing.com Platform
Consider voting for this: Option to Hide/Exclude Certain Assets from Charts