Re:CoinTracker raises $1.5M to make tracking cryptocurrency ...
by cft on Tuesday April 10, 2018 @03:38PM
(#16804487)
Does cointracking generate 8949 statements when you have >100k transactions?
[ Parent
| on HN ]
Re:CoinTracker raises $1.5M to make tracking cryptocurrency ...
by michaelgrosner2 on Tuesday April 10, 2018 @06:17PM
(#16806062)
EDIT: Wrote this on my phone where I confused Cointracker with Cointracking
I had something like 50k+ transactions last year. Cointracking wouldn’t create a 8949 for me because their servers couldn’t handle a dataset that large, but they could create a capital gains CSV file that was super easy for my acccountant to sum up a few columns and make the 8949. That said, their very high transaction count plans are $1000+, which seems insane. Through a bug they had interfacing with HitBtc I was able to get the CSV for free, but next year I doubt I’ll use this service at that high price.
Re:CoinTracker raises $1.5M to make tracking cryptocurrency ...
by trophycase on Tuesday April 10, 2018 @07:13PM
(#16806508)
The one year plan is $120. Not sure where you're seeing 1000+
Re:CoinTracker raises $1.5M to make tracking cryptocurrency ...
by michaelgrosner2 on Tuesday April 10, 2018 @07:40PM
(#16806721)
Whoops, I conflated Cointracker.io (https://www.cointracker.io/tax/plans) with Cointracking.info. Sorry!
Re:CoinTracker raises $1.5M to make tracking cryptocurrency ...
by avenoir on Tuesday April 10, 2018 @04:54PM
(#16805286)
I am too interested in this. It'd be a massive stack of 8949s.
Re:CoinTracker raises $1.5M to make tracking cryptocurrency ...
by cft on Tuesday April 10, 2018 @05:06PM
(#16805433)
8949 only allows for 14 transactions. You need to generate 8949 statement
https://www.irs.gov/instructions/i8949#idm140253115164448 see Exception 2
My statement had 390 pages.