Describe the problem:
I see $24,000 of Income in the Dashboard Breakdown, but when I go to Transactions and filter by Income label, I see a total of $16 worth of transactions. All data is updated and wallets synced.
Which exchange/wallet is this regarding?
ALL
How did you import data into this wallet?
API
What have you tried to fix this so far?
Posting here.
Depending on what country you have it set to you need to look at airdrops, rewards, mining, loan interest. The income tag under transactions and the income tag on the tax report aren’t the same thing.
Thank you. So, I got an airdrop of $24K from a project that was hacked. The airdrop is essentially a bond (IOU), that I can redeem at a later date, when they have the financing to back it. So it’s not income. How can I edit the tx to take it out of income? On this topic of the hack, how do people typically report hacked funds? I’m assuming that since I cannot withdraw the funds, it just stays as a purchase, with no sale, so that’s that? Or can I show it as a loss?
OK, I think i figured this out. I just changed the value of the airdrop to $0. Make sense to you?