Hi! I lost money on trading crypto in 2021 and still it says that I earned money. Is that possible or am I missing some transactions?
So there could be a number of reasons why your Income is higher than expected. Things such as cost-basis method, incorrectly imported data and indeed, missing transactions could be a factor.
I would highly recommend that you check out our article How to ensure your Tax Report is accurate | Koinly Help Center.
To get a better understanding of your account, we would ask that you contact us on [email protected] so we can troubleshoot this further with you.
Looking forward to hearing from you!
I am experiencing the same thing, incorrect income amount. For me looking at the transactions, I think its to do with ICOs, e.g. polkastarter. Koinly doesn’t undertsand the nature of theses transactions (they are payments for the coins, not income) so atm I am going to have to manually change them all.