Wrong tax statement for Germany - Doesnt consider the 1year tax free holding period

Koinly Support
1

Describe the problem:
I purchased the tax report product for Germany and the taxable amount is wrong. Koinly didn’t consider the holding period of more than 1 year for the sold crypto coin. When looking at the transactions on Koinly, the purchase of the crypto coin was more than one year before the sale which should be tax free in Germany. I couldn’t find a solution to fix this bug and editing the transaction doesnt work.

Which exchange/wallet is this regarding?
Kraken

How did you import data into this wallet?
API

What have you tried to fix this so far?
Editing the transaction but it doesn’t give me the option to change the holding period

2

Hi @Dominika

Koinly considers the holding period of tokens as long as the imported data is complete. Issues like this typically occur when not all wallets or transactions have been added, or when transfers between wallets have not been properly recorded.

I recommend following the steps in the guide below to ensure your account is accurate:

Once you have completed this and there are no errors or balance discrepancies, but the holding period issue persists, please reach out to our support team via the in-app chat.