Vauld transactions unavilable

[MyPhysio_Sam_Leslie]

Hi, since Vauld has gone bankrupt their website will not allow me to upload transactions which show that I only received a % of what was in the account at the end of last financial year.
Therefore, last years KOINLY shows an amount attributed to my Vauld account that is no longer there.

How can i write this off as a loss on KOINLY to reflect on my tax statement

Thanks

[Aria_Koinly]

Hi @MyPhysio_Sam_Leslie

Firstly, concerning the Vauld bankruptcy data handling, it all depends on what’s allowed by your local tax office, so you should optimally seek specific advice from a crypto-aware tax accountant or your tax office directly.

On our end, we’ve posted guidance in:
Chapter 11 Reimbursements (Celsius, Voyager, Mt. Gox) - https://support.koinly.io/hc/en-us/articles/12675017906844-Chapter-11-Reimbursements-Celsius-Voyager-Mt-Gox that raises the issues you should discuss with your crypto accountant . Once you’re aware of how you want to deal with the data, you can apply the solution to Koinly.

For your reference, the most probable use cases are as follows:

1. if you wish to remove the holdings of the wallet, you can do so with ‘manual withdrawals’ - see How to add transactions manually
2. if you wish to not calculate capital gains from the removal you will add the ‘lost’ tag - see What are Labels? about its use
3. if you wish to indicate losses from the removal of these assets, you can set their market price as 0 on the manually created withdrawals - see How Koinly sets the market price for your transactions on how to override the market price and set it to 0
4. for the compensated assets, it depends on the agreed-upon handling with your crypto CPA - it’s possible that you might want to indicate a connection to the partially refunded assets’ cost basis, so you’ll create ‘exchange’ transactions (the old tokens for the received compensation) which can realize capital gains
   4a. if you wouldn’t want capital gains in these transactions, you can apply the ‘swap’ tag to them and prevent gains calculations