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30% off All Crypto Tax Plan Subscriptions @ Koinly

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Might be useful for someone as tax time rolls around. Get started with 30% off all Koinly plans - https://koinly.io/pricing/ Sale ends midnight 31st March.

There was also a banner AD for get 30% off your first tax report with coupon code 71F2C9FD.

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US$20 for referrer and referee.

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closed Comments

  • +7

    if you are into crypto this software is a must, i absolutely love it

  • +1

    So are we suppose to guess the price?

    • -3
      • +3

        Or you could add some actual pricing to the post.

        • $49 for a set of useful tax reports for up to 100 transactions.
          $99 up to 1000.
          $179 up to 3000.

          • +1

            @Zorlin: I think that's USD. When I log into my free account, it's those numbers but has USD underneath it

  • Thanks OP

  • How much more info does the paid version provide? You can get a summary of the financial year's profit/loss/income on the free version which is all the ATO cares about I imagine? Unless you get audited I suppose?

    • +2

      You'd think all the ATO cares about would be a profit/loss summary, but no, every transaction needs to be reported. Total PITA, especially if you are doing something like Fiat > Litecoin > Monero (because you can't get Monero directly with AUD through centralised exchanges anymore)

      https://www.ato.gov.au/general/gen/tax-treatment-of-crypto-c…

      • Yeah, your total transactions reported as in a final value on your tax filing right?

        Do they ask for a full list of transactions in a spreadsheet when you're submitting your statement for the year? As long as you calculate each transaction for your final figure? I just gave my info to my accountant and he hasn't come back asking for each specific transactions yet… If he does, this code would be very handy

    • +1

      The free summary is actually useless, because you need the detailed reports to validate that it's correct.

      Without the full report, you don't know that you've accidentally accrued a whole bunch of Income that should really be a (MUCH cheaper) Capital Gain.

      tl;dr the final numbers are worthless until you find and fix the errors (of which there always seem to be some).

  • i'm not making any capital gain this financial year after the recent bloodbath

    • +1

      I’m not sure if it’s that simple tbh

    • You still need to calculate it and document the loss, which you can use to offset future gains.

  • Thanks, purchased 2022-23 subscriptions for both of my accounts.

    • So is subscription per financial year? Or for 12months from the time of subscription?

      • Per financial year. You're basically paying for the tax reports (and support).

        So if you paid for 19/20, 20/21 and 21/22, right now you'd still be able to go back to 19/20 and 20/21, run tax reports, edit the data, import new data etc.

  • Thanks OP, the code still worked a few hours ago. I redeemed it and got 30% off

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