You are viewing a single comment's thread from:

RE: Can Someone Explain This IRS Bitcoin Page?

in #irs8 years ago

If you trade a lot or find keeping detailed records overwhelming then try a service like bitcointaxes.com. They can read transactions from your exchange(s), calculate your gain and tax, and even print your IRS form. Invaluable. Reasonably priced.

Sort:  

Poloniex gives an option to export your trade history CSV. This is the most detailed the report can possibly get, with time stamps, fees, and profit/loss. Would this not be acceptable to the IRS? I feel that it MUST be sufficient. In a situation where I only trade on Poloniex I would hope this is acceptable.