Exodus wallet csv import does not pick up staking rewards

A bug fix is required for the Exodus wallet.
It does not detect staking rewards that are claimed when importing data via the csv file. It registers all rewards as a withdrawal of value = 0.00 to an unknown receiver. This is erroneous. Please can this bug be fixed?

Thank you.

This is something that the people at Exodus need to fix. I have been creating support tickets for months over there with little progress. More people need to blow them up about this and keep sending in request to correct this fatal flaw in their exports.

Ada is broke
Algo is broke
Cosmos is broke
Ong is broke
Solana is broke
Neo - is correct
Xtz - is correct

A this time, I export the data from exodus and add in the missing info to the csv file. Thank God I only claim rewards on the 1st of the month.

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This is an issue with Exodus, not Accointing as @droblesa has explained.

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Thanks for the feedback @droblesa . I sent Exodus an email and a screenshot asking them to look into this.

Bump to others that use Exodus. Please flood them with emails reporting the same issue so that it can be rectified.

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I would rather have them work on fixing the issues before adding new coins to the wallet.

Yes I agree with you

I will check with support, but I am pretty sure this is an issue with Exodus, not Accointing. In the meantime, consider this:

Hey guys! I understand your frustration with the staked and staking classifications so just to clear this out from our standpoint:

all tokens that were staked=do not classify
all tokens that came as a reward for staked tokens=staking

The reason why we don’t have more strict guidelines is because there aren’t any and they are subject to the interpretation of the different jurisdictions. That bein said, here is an article from Bloomberg providing further context on the matter:

Now, the lender could be considered to have converted their crypto for another crypto when they “stake” their money into the liquidity pool and received another token they can sell elsewhere. That is a taxable event, so in this example, just as dividends are taxable, so are tokens generated from staking activities.

However, it’s not as straight-forward as that because this transaction can also be viewed in another way; in that what the lender deposited in the liquidity pool is still their money and the tokens they receive in exchange is nothing more than a receipt. That means it is not a taxable event.

Meanwhile, on the borrower’s side, it can be argued that depositing collateral and receiving a loan in a different token form is akin to an exchange transaction, so a taxable event. Of course, usually taking a loan is not a taxable event. However, the transaction on a DeFi is unique. Unlike conventional loans, it includes depositing one currency as collateral to receive a loan in another.

If you need any tax assistance with your crypto taxes, make sure you visit ACTAN in the Hub where any of our crypto tax professionals can help you out.