Preparing Crypto Taxes - auto imports, quick reports using cointracking. Easy!

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drbagga
Published
In this video we take a look at cointracking, a site that lets us automatically import all of our crypto transactions and create custom reports for tax season, as well as throughout the year that can help us make better decisions.

// featured external resources
Cointracking - https://cointracking.info?ref=G136367
^ use our link even if you want the free tier, and get 10% off if you ever upgrade to a paid tier in the future!

// related Woodland Pools videos
How to Make an Investing Plan - https://youtu.be/28W6TG73RQ0

// stake pool info
Woodland Pools website - https://www.woodlandpools.net/
[ASPEN] on PoolTool.io - https://pooltool.io/pool/05b8a25ec4f41956a6496555c233bcbe6fc06596553ae2d14df73e20/epochs
[ASPEN] Stake Pool id - 05b8a25ec4f41956a6496555c233bcbe6fc06596553ae2d14df73e20

Timestamps:
0:00 - Intro
0:41 - Disclaimers
1:23 - Crypto Capital Gains explained
3:27 - Crypto Regular Income explained
3:54 - cointracking.info landing page
4:12 - Dashboard overview
5:05 - Current Balance overview
6:12 - Import overview
6:45 - API Import
7:50 - Hardware Wallet Import
8:20 - Blockchain Import
9:24 - Staking Rewards CSV Import
12:02 - Review imported transactions
12:40 - Missing Transactions review
13:53 - Duplicate Transactions review
14:33 - Generate Tax Report
16:58 - Realized and Unrealized Gains
18:04 - Tax-Privileged Report
19:48 - Cointracking pricing

Disclaimer:
No one associated with Woodland Pools is a financial advisor, broker, or dealer, and none of the information presented should be construed as financial advice. The information presented on our channel, website, and social media, is for entertainment and informational purposes only, and all community members should independently verify and research all information when creating their own investment plans.
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Crypto Trading
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