I have a lot of long term BTCs, but in my Tax report taxable sales of short-term BTCs appear.
I don’t think that should be possible with the FIFO method.
How can I prevent this, what can I do to sell my old long-term BTC first, I’m at a loss.
Thanks for any help.
You can check the Cost Analysis tab of the transaction to see, based on your cost basis method, which lots are used for the sale of BTC.
Simply having some long-term tokens does not mean that there should be sales of those lots on the report.
Also, make sure all the transfers between wallets have been picked up.
If you have a sample transaction where you believe the cost (or holding period) has been calculated incorrectly, please reach out to our support team to look into it.
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