# Tax Report Shows Sales of 0 Coins

**URL:** <https://discuss.koinly.io/t/tax-report-shows-sales-of-0-coins/12336>\
**Category:** Tax Questions\
**Created:** [March 15, 2022, 1:09am UTC](https://discuss.koinly.io/t/tax-report-shows-sales-of-0-coins/12336 "2022-03-15T01:09:08Z")\
**Posts on this page:** 3\
**Page:** 1

<div class="post-metadata">

**Author:** ![dkg](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/dkg/32/2841_2.png) [@dkg](https://discuss.koinly.io/u/dkg)\
**Post date:** [March 15, 2022, 1:09am UTC](https://discuss.koinly.io/t/tax-report-shows-sales-of-0-coins/12336/1 "2022-03-15T01:09:08Z")

</div>

I have several sell items in my Tax Report that show 0 coins, 0 proceeds, but does have a cost basis. For example 0 USDC, cost basis of 80.28, proceeds 0.00, Gain / Loss -80.28.

This is part of a single trade on Kucoin but it’s broken into several transactions on my tax forms, which is fine, but why the 0 coins transaction? When I add them all up (including the 0 coin loss of 80.28) the total amounts of the trade are correct.

I’m just wondering why the 0 coin transaction is on my tax form and what the IRS will think about seeing something like this. (Sold 0 coins for $0 and lost 80.28)

---

<div class="post-metadata">

**Author:** ![dkg](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/dkg/32/2841_2.png) [@dkg](https://discuss.koinly.io/u/dkg)\
**Post date:** [March 15, 2022, 3:01am UTC](https://discuss.koinly.io/t/tax-report-shows-sales-of-0-coins/12336/2 "2022-03-15T03:01:47Z")

</div>

Ok. I found a solution that works, turn on the setting to “Treat transfer fees as disposals”

---

<div class="post-metadata">

**Author:** ![system](https://canada1.discourse-cdn.com/flex052/uploads/koinly_app/original/1X/7ac58e5593a7122893d066794a7254dcdb5ddb31.png) [@system](https://discuss.koinly.io/u/system)\
**Post date:** [May 14, 2022, 3:02am UTC](https://discuss.koinly.io/t/tax-report-shows-sales-of-0-coins/12336/3 "2022-05-14T03:02:25Z")

</div>

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.
