Deduct Mining Costs - Eg Electricity, Depreciation

Koinly has been great and recording my transactions, but the tax statements it generates are incomplete.

Before I pay tax on my mining earnings, I need to deduct the operating costs of mining them, eg the depreciation on the cards I’ve purchased and the electricity used to mine.

Am I missing something? There’s no way of including those costs in Koinly, so I’d need to complete the expenses separately…

Yes you need to do them separately and report them as a cost for your crypto earnings

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