I have asked several questions within this community and have received excellent feedback! So, first, THANK YOU!
I wanted to learn more about how to handle the recording of transfer or “gas” fees. When I first began acquiring crypto I recorded everything manually within Excel. I recorded date, amount of asset, price at time of buy, etc. When I was simply buying and hodlng, this was easy. Now, I have expanded beyond simply acquiring and holding to transferring, exchanging, staking, etc. To do so requires fees such as ETH gas fees. How does this impact how I report taxes? I have not done a good job of tracking EVERY gas fee. I am just anxious that I haven’t tracked things the best. I should mention that I live in the USA.
I know that Coinpanda does a good job of fee tracking between exchanges and wallets that I’ve linked, but there are some that I cannot link (such as Indexed.Finance). What do I do there?
As always, thanks so much for your support! I am enjoying using your service and honestly I’m enjoying working through questions with your technicians in this community! Looking forward to hearing back.