I am having troubles with my koinly tax report and ready to pull my hair out as it’s due to my tax preparer last Friday and I still couldn’t get the correct info to her! I’ve imported all the necessary csv files into Koinly but for some reason it’s using a very high cost basis so the final result shows that I have a capital gains loss of almost $100K, about 10x what I’d calculated manually! I wish there is a way to adjust the cost basis for each purchase to reflect the correct cost to begin with!
When I googled for help, there doesn’t appear to be a way to make such adjustments unless you manually delete and enter each entry. Unfortunately I do not have the time, which was why I subscribed to Koinly. I had trouble last year as well but I didn’t really sell any crypto so there wasn’t much to report. Do people have the same issue that I do? I am really thinking about switching to a different software next year because I’ve spent too many days/hours on this and it’s supposed to be quick and easy for a paid program. Any suggestiion for a quick fix so I could get the report to my tax preparer before she charged me to file for an extension?
Which exchange/wallet is this regarding?
How did you import data into this wallet?
What have you tried to fix this so far?