Describe the problem:
For some reason in the tax report my proceeds from sales is showing $12,000 which is very far from the truth haha. Why would it be showing such a high amount?
Which exchange/wallet is this regarding?
Binance + CoinJar
How did you import data into this wallet?
Sync via API
What have you tried to fix this so far?
Nothing as yet.
Hi Nick,
Your total proceeds will show the sum of the value for all of your disposals. This figure is usually much larger than your portfolio value.
See this article for more info:
https://help.koinly.io/en/articles/4240620-proceeds-from-sales-acquisition-costs-are-very-high
Best regards,
Petur
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