Internal Coinbase transactions appear as Send and Receive
closed
Sarah T. - CoinTracker
Users may experience:
- Internal Coinbase transactions are being categorized as both "send" and "receive" within the same wallet.
- As a result, the cost basis for these transactions is lost.
Expected behavior:
- Internal transactions within the same wallet should not lose their cost basis.
As a user, what should I do?
- There currently is not a direct workaround for this bug and it will need a fix from the team. We appreciate your patience while we work to resolve this.
Keywords: internal transactions, cost basis, tax calculations
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Sarah T. - CoinTracker
closed
The data provided by the API does not currently allow these internal transfers to be matched, as they are returned as separate send and receive transactions.
We recommend consulting a CPA for guidance on how to handle these transactions, as the correct approach may vary based on your specific circumstances and the reason for the internal transfers.
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Sarah T. - CoinTracker
submitted