What would be the correct way to write off a token so as to consolidate the loss? For example INS/XNS (Insolar) which shut up shop.
That’s a very good question. Perhaps this can bring some light to it (M) : 2021 U.S. Bitcoin and Crypto Taxes AMA with Dennis Wohlfarth & Clinton Donnelly - Accointing Blog - Cryptocurrency Portfolio Tracking & tax Software
Thanks, but I’d have thought that there would be a function in Accointing to write off defunct projects so that they are reflected in the tax return generated. Obviously I can put through a sale for £0.01, but it would be good to be able to categorise it as a write off.