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April 14, 2018, 01:28:26 AM Last edit: April 14, 2018, 01:55:28 AM by Vann |
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If you use a specific address for mining BTC, BCH, ETH, ETC, DASH, LTC DOGE ot NMC it's very simple to import your mining income in to Bitcoin.tax. When you import an address from one of theose coins, it will treat all incoming transaction from 2017 as mining income and determine the FMV at the time it was received. For other coins you can imort a core wallet .csv file or upload your own csv file with the pool payout transactions. The latter works for almost any coin that is listed on coinmarket cap. If you only have a few transactions for a coin, you can also input them manually.
If you latter traded your mined coins for other coins or sold them for fiat, you can import the exchange data from Bittrex, Binnace, Poloniex, Coinbase, GDAX, Kraken, etc. or manually and Bitcoin.tax will keep track of your positions to determine your capital gains. After you import all your data, it will generate a Form 8949 statement with all your trades and calculate any short-term or long-term gains. Very easy and straight forward to use.
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