How to File your Crypto Taxes Using Crypto.com & CoinTracker

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  • Опубліковано 11 вер 2024

КОМЕНТАРІ • 118

  • @jaimeupegui2348
    @jaimeupegui2348 2 роки тому +23

    Not as easy as just importing, you have to edit the csv file and have to work out earn deposits, earn withdrawals and the import just doesnt match the actual coins you have in your account

    • @juanesparza9441
      @juanesparza9441 2 роки тому +9

      Finally someone else who noticed

    • @mcdroppalog4569
      @mcdroppalog4569 2 роки тому +2

      How do you edit the csv?? This is so confusing

    • @rachelh2176
      @rachelh2176 2 роки тому +1

      glad im not the only one not "doing my crypto taxes in seconds"🙄

    • @alexbermutant28
      @alexbermutant28 2 роки тому +1

      @@rachelh2176 im shitting it

    • @skorpyo331
      @skorpyo331 2 роки тому

      Yep, nightmare.

  • @gwendolynoviedo8707
    @gwendolynoviedo8707 3 роки тому +2

    You are amazing and I recommend everyone to view your videos, thank you from the bottom of my heart for all you do!

  • @xxxxlight8725
    @xxxxlight8725 3 роки тому +2

    You are awesome!! In a matter of hours of viewing your videos I have been enlightened beyond any level that I could have obtained on my own. Thank you for all of the hard work!

  • @inktheghost
    @inktheghost 2 роки тому +2

    I can not import file says it’s not formatted but I did everything you did? Any help please

  • @IdentifyAsMu
    @IdentifyAsMu 4 роки тому +4

    Death and Taxes...but still no stimulus. 😠

  • @jimturner6400
    @jimturner6400 3 роки тому +3

    You are such a good teacher, so many others start half way through the process assuming you already know stuff ! . It worked for me many thanks .

  • @diamondngocanhcoin1265
    @diamondngocanhcoin1265 2 роки тому +2

    Thank you so much- I wish all exchange had their tax file easy as stock account so we can print out easy 😥😥😥😥

  • @osvaldodeleon256
    @osvaldodeleon256 3 роки тому +6

    What if you didn’t receive a 1099 form? Do you still need to file the taxes?

  • @TheMusicanGamer
    @TheMusicanGamer 3 роки тому +1

    Thank you so much. I was struggling. It kept saying I made over $2,000 in gain when I knew for a fact I didn't ( I wish lol). Great video.

  • @mikelintner9043
    @mikelintner9043 3 роки тому +1

    I don't see a line for GAS FEES. Its a cost of doing business and therefore tax deductible.

  • @sailord-life861
    @sailord-life861 4 роки тому +1

    Great topic to reflect on CDAD keep up the good work

  • @nickhopps911
    @nickhopps911 2 роки тому

    The CryptoDad, A.K.A. Bill Gate's brother.

  • @tex545
    @tex545 2 роки тому +3

    The CSV File isn't importing, giving an error, something to do with incorrect header in first row, anyone with this same issue?can anyone please help?

    • @tanvuong4200
      @tanvuong4200 2 роки тому +1

      I got same issue. How is it going?

    • @tex545
      @tex545 2 роки тому +2

      @@tanvuong4200 I still haven't figured it out yet, i sent their customer support a message but still haven't heard from them.

  • @juantrevino6003
    @juantrevino6003 3 роки тому

    Simply amazing you just answered all the questions i had amazing keep it up !

  • @jamesbentz7883
    @jamesbentz7883 2 роки тому +1

    Very helpful, much appreciated.

  • @orlandoharmon4738
    @orlandoharmon4738 2 роки тому

    Another way to do this if you have a mac is air drop the file to your home computer. Worked great.

  • @MrRickmy33
    @MrRickmy33 2 роки тому

    Thanks dude .. saved my day. i r s was way off, they tried to rob me for 10 grand. In all truth came out to be $176 capital gains. Thanks for your video it was well worth the $289 I paid to have it done for me..

  • @vsfgh
    @vsfgh Рік тому +1

    I'm curious how you handled those 15 need to review transactions.

  • @jasontsang2871
    @jasontsang2871 2 роки тому +2

    Do you need to import just the Crypto transactions for taxes, or do we need the Fiat and Card transactions as well?

  • @MelEthanCutler
    @MelEthanCutler 2 роки тому

    Hi CryptoDad....thanks so much for the valuable content! You ROCK!! Let me know if you would like to do a LIVE crypto meetup in Grand Rapids to educate the community. 🚀

  • @brightlife3691
    @brightlife3691 3 роки тому +2

    I have a question. Do I need to file tax if I only trade less then 20 trades and never withdraw the money out of my crypto account?

  • @aaronellis8493
    @aaronellis8493 2 роки тому +1

    File import failed. Incorrect headers in first row...

  • @clzo9172
    @clzo9172 3 роки тому

    And btw great videos keep it up crypto dad

  • @sbryan060
    @sbryan060 3 роки тому

    Thank you so much! Great work.

  • @CodDBZ534
    @CodDBZ534 2 роки тому

    cointracker wont accept my csv; tells me all the headers are wrong but i believe it just wants an oversimplified version of it which doesn't make sense

  • @Foxdude89
    @Foxdude89 2 роки тому +1

    Hi! If you do t mind me asking, how do you add all your defi transactions? I’m having a hard time since the option for a csv isn’t available n iOS devices and so I’m at a complete loss….

  • @robedwards6926
    @robedwards6926 2 роки тому

    I can't get the documentation I need to do my taxes. Only Robinhood of the exchanges I used seem to give a 1099. What a hassle!

  • @depecheddurand
    @depecheddurand 3 роки тому

    This solves a lot of problems i was worried about how to figure out all the taxes .As i want to do everything the right and proper way and pay my taxes so i can sleep peacefully.

  • @iftiali
    @iftiali 2 роки тому

    Awesome video. Thanks!

  • @andypham3768
    @andypham3768 2 роки тому

    Awsome video. Thank you.
    How do you deal with the transactions which need to be reviewed?

  • @saharasound8337
    @saharasound8337 4 роки тому +2

    Hi brother crypto Dad nice video is this apply to USA reign only?

    • @CoinTrackerIO
      @CoinTrackerIO 4 роки тому +1

      CoinTracker works in US, UK, Canada, Australia, etc.

  • @franksh2023
    @franksh2023 2 роки тому

    Amazing, thanks for all the information. Finally, I figured out .

    • @harshjoshi1540
      @harshjoshi1540 2 роки тому

      did it work for you it didn't for me it said I got wrong formet

    • @franksh2023
      @franksh2023 2 роки тому +1

      @Harsh Joshi yes all done. Try to watch the video again; you may skip some steps. I don't know about the wrong format issue. Follow the video step by step. I hope you will figure it out.

    • @harshjoshi1540
      @harshjoshi1540 2 роки тому

      @@franksh2023 yah when I upload it to coin tracker it says it’s not in correct order my thing is tripping for some reason

  • @KCdubb15
    @KCdubb15 2 роки тому +1

    If only it was this easy.... It keeps saying it's in the wrong format with the headers, gains etc. It's almost as if the IRS wants me to F this up and audit the shit out of me with penalties

  • @danielburns5325
    @danielburns5325 Рік тому

    For some reason coin tracker tell me that the cvs is in the wrong format and give an example of how it should look. Do I need to go into the cab and change that manually?

  • @bnyvalentine8328
    @bnyvalentine8328 2 роки тому

    i cant get it to send to email im having the worst time ever. having to manually add my transactions

  • @Carlos_Cintron
    @Carlos_Cintron 2 роки тому

    I WISH it was this easy

  • @houstonwells3404
    @houstonwells3404 3 роки тому

    I love crypto dad!!

  • @matthennagersguitarlessons
    @matthennagersguitarlessons 3 роки тому

    THANK YOU!!!!!!!

  • @badminton5557
    @badminton5557 2 роки тому

    Thank you so much

  • @dereksolano2421
    @dereksolano2421 2 роки тому

    Trying to use TurboTax and it keeps asking me if my investments are “at-risk”. As a normal retail investor, investing through standard crypto trading platforms, how do I know my risk-basis? Are my investments considered "at-risk" or "not at risk"?

  • @tak9608
    @tak9608 2 роки тому

    Just a question, the csv counts in also rewards of earning , staking ? Thanks in advance

  • @sandro.music2024
    @sandro.music2024 2 роки тому

    Thank you 🙏

  • @sandro.music2024
    @sandro.music2024 2 роки тому

    What happens if you filed your taxes and gained and then 2 days afterwards you have a huge loss? Like that’s not right either

  • @anntiup
    @anntiup 4 роки тому

    WHATS UP REX,
    EXCELLENT VIDEO AS USUAL; QUESTION: I'M ASSUMING YOU CAN USE
    COIN TRECKER TO FILE AS A ENTITY AS WELL,,??? (LLC,S-CORP,C-CORP)???
    {And for write-off's /Deductions,,???}

  • @Vegasbets702
    @Vegasbets702 2 роки тому

    it ask for api number whats that ?? i didnt see that step on yours

  • @clzo9172
    @clzo9172 3 роки тому

    In export one option says crypto the other says fiat...do we do the same steps for both or do we only do it for one?

  • @code4191
    @code4191 2 роки тому

    🙏🏻thank you🤝

  • @orangejellybean7371
    @orangejellybean7371 2 роки тому

    What if we used a swap exchange like simple swap? Example, Coinbase to Simple Swap to crypto wallet. Coinbase can't provide the complete transaction. :/

  • @albertjimenezruiz5118
    @albertjimenezruiz5118 2 роки тому

    Please! can you make a video how export from Bitmart to cointraker?

  • @irfanlat6112
    @irfanlat6112 3 роки тому

    Hi, staking cro tokens for 6months to get the ruby or indigo card, do these come under capital gains?

  • @danny92980
    @danny92980 2 роки тому

    I try to do it but when I drag my file from email to CoinTracker and it keep telling me that my file is error not sure why cryptodad

  • @mshea5906
    @mshea5906 3 роки тому

    Didn't work. Whilst importing it says Failed to parse CSV. I tried 4 different browsers. None worked.

  • @victorcastle5463
    @victorcastle5463 4 роки тому

    If in uk which one is best if you use coin base bittrex and binance

  • @1Tommy313
    @1Tommy313 4 роки тому

    I’m only buying little not trading at all do I still have to pay taxes?

  • @HieuPhan-ke6cl
    @HieuPhan-ke6cl 2 роки тому

    thank you very much for your video. Could you please give me a spreadsheet crypto so I can sorted all my transactions for tax. My first year of crypto tax file. Im so confuse. thank you.

  • @lucky2653
    @lucky2653 4 роки тому

    What do I do if I can not get all of my CSV
    files? I simply can not get my two factor authentication for at least one exchange. I switched phones and the TFA didn't go to my new phone. So what do we do when we can't get the CSV files?

  • @v-m-e
    @v-m-e 2 роки тому

    What About The Crypto Defi Wallet?

  • @Duuunte
    @Duuunte 3 роки тому

    Would this work on bitmart as well?

  • @georgebugwak4043
    @georgebugwak4043 2 роки тому

    Mine shows API KEY AND ASKING FOR Secret key, i cannot just import csv file

  • @earningzakonumber2assist8
    @earningzakonumber2assist8 4 роки тому

    I dont know what to say but I just found something not right interfered about taxes its on every policy terms I think sound like a cheater in game... Sadly I have only smartphone worst I ever not experience this yet so far... But also good thing you have done quite interesting idea about me for newcomer in cryptocurrency 👍.

  • @stephenperkins1222
    @stephenperkins1222 4 роки тому +1

    Does Cointracker also import from other exchanges such as Coinbase?

    • @CryptoDad
      @CryptoDad  4 роки тому +3

      Yes it does. Coinbase is very easy to set up with CoinTracker

  • @Rvirk612
    @Rvirk612 3 роки тому

    It is showing API key and Secret key what to do with this?

  • @buceworld355
    @buceworld355 3 роки тому

    Does this work with Gemini?

  • @zoom4zam
    @zoom4zam 4 роки тому +1

    Does coin tracker works with Celsius Network app??

    • @CoinTrackerIO
      @CoinTrackerIO 4 роки тому

      Yes! www.cointracker.io/add_wallet?t=CELSIUS&csv=true

  • @hydro42060
    @hydro42060 3 роки тому

    Do you get much tax back from it

  • @mauricebassanello6175
    @mauricebassanello6175 4 роки тому

    Do you know how to do it on the Cash App?

  • @rajareddy47444
    @rajareddy47444 3 роки тому

    Please show How to add LINK from trezor?

  • @josevp3905
    @josevp3905 4 роки тому

    There any way i can call you or email you i will pay for the consultacion

  • @smooth111012
    @smooth111012 4 роки тому

    Thought tax year was April to April.
    Oh I heard that you don’t pay tax on passive income. From Richard kaslowki ( rich dad poor dad )👍

    • @johnt7154
      @johnt7154 4 роки тому

      Rental income is passive income. You think you pay income tax on that? You betcha do! Trying to avoid paying taxes is not recommended. But you don't pay Social Security tax on passive, maybe that's what you heard.

  • @abreuhenry08
    @abreuhenry08 2 роки тому

    Si helpful grandpa XD

  • @SingularitySource
    @SingularitySource 4 роки тому

    Good video! Do you think we can get a tutorial how to do taxes on staking rewards such as delegated tezos staking?

  • @Minz2055
    @Minz2055 4 роки тому

    AMAZING! I was wondering how would I report to the IRS

    • @Searix30
      @Searix30 3 роки тому

      The advances in technology, the constantly evolving nature of social media and the modern world have all brought new and innovative ways for people to make money. It's fair to say that the Internet has opened up a whole host of possibilities that wouldn't have been available in decades gone by. For instance, cryptocurrency and blockchain have seen an upsurge in recent years and are thriving at present. i have come to understand after losing lot's of money investing the wrong way till i saw a comment talking about the good work of James Carlson strategies, he helped me with all the information to success trading Crypto currency Btc,, he is making an impact in the crypto space and can be reached via Whats App ( +447476717980 ) or Tele gram(@jamesC51) for inquiries into profitable trading systems

  • @ogtripleg9237
    @ogtripleg9237 2 роки тому

    $170 dollar eth wow LOLLLLL

  • @ThiagoAraujo-hh6xu
    @ThiagoAraujo-hh6xu 4 роки тому

    I have a question: I watched you in a video where you recovered a ledger nano s. Where the data comes from?
    I am asking because I am imagining a situation where I lost my ledger, and I am also using a different computer, in a different country... Would I be able to recovery my information if I only have the pin and the pass phase?
    I know this video is not about it but the video I watched was from 2 years ago, then I decided to ask you here. Thanks in advance.
    Anyone who know it, please, fell free to answer.

  • @user-vz3ko9ng5q
    @user-vz3ko9ng5q Рік тому +1

    #GOGETCYBER
    ☝️☝️☝️
    I'm amazed with the way the name above took the situation, he recovered my stolen $55k which most people taught was impossible to recover, thanks a lot sir.

  • @user-vz3ko9ng5q
    @user-vz3ko9ng5q Рік тому +1

    #GOGETCYBER
    ☝️☝️☝️
    I'm amazed with the way the name above took the situation, he recovered my stolen $55k which most people taught was impossible to recover, thanks a lot sir.