MtGox refunds and incorrect cost-basis and unrealized gains

Koinly Support
1

Describe the problem:
Need to adjust the transaction date

Which exchange/wallet is this regarding?
kraken

How did you import data into this wallet?
API

What have you tried to fix this so far?
Nothing, so far (I don’t know what to do)

I recently signed up for kindly and ended all of my information. So far going, I am very happy with Koinly. The one question that I have is I received some Bitcoin from the MtGox suit that was recently settled. It’s being held in Kraken which I added to my Koinly. The problem is that Koinly uses the date that the coins were added to my account and not the date the coins were purchased, which was 12 years ago. Consequently, the unrealized gains and cost basis numbers are completely useless. I need to change the date of that transaction so as to reflect the 12 years that it was in the wallet of the Japanese government, but the transaction date is read only. Is there a way in Koinly I can fix this issue?

2

Hi @Jeff_Milton

To handle transactions involving the MtGox bankruptcy, it is recommended to consult with a certified tax professional before making any adjustments to your transactions in Koinly. While Koinly specializes in generating tax reports, we do not provide personalized tax advice or guidance on the specific accounting treatment of your transactions.

With that being said, you can check out the guide below which will help you with the process:

https://support.koinly.io/en/articles/9489997-chapter-11-reimbursements-celsius-voyager-mt-gox

If editing the time of a transaction is what you need to do, you can edit the transaction, click “edit locked fields” and then you can change the time:

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