Adjust cost basis

Koinly Support
1

**HI, **
**I recently won some money online gambling. The Casino pays out in Crypto that being said the transactions in my coinbase are populating in koinly with incorrect “cost basis,” for tax purposes I need these transactions to just be deposits of crypto so I don’t double pay taxes how can I go about adjusting this? Do I need to just remove these transactions from Koinly and manually report winnings? **

thanks,

Coinbase is where I accepted payments

API auto connect

2

Hi Rene,

I’m assuming this coin is proprietary from the Casino based on what you said and Koinly can’t get data from CoinMarketCap about it’s pricing. So you can adjust the cost basis by clicking on the transaction and editing it, there you will see multiple options, and cost basis is one of them. If this is just a one time thing, add the transaction manually and edit it.

Kind regards,

Anakin

1 Like
3

This topic was automatically closed 3 hours after the last reply. New replies are no longer allowed.