Users Feature Request:
Enhance CoinTracker to support specific identification for cryptocurrency transactions, allowing users to selectively identify which coins are being disposed of in each transaction for tax purposes. This method offers an alternative to the First In, First Out (FIFO) method and can be beneficial for tax optimization. Specific identification requires detailed tracking and reporting capabilities to comply with US tax regulations and potentially other jurisdictions where similar options are permissible.
More Information:
As a user, what can I do?
You can 🔼 upvote this feedback post to indicate you would like this feature added! The post status will be changed to Complete should we pursue this feature. Up-voters will be notified of the status change.
I need additional assistance, who can I contact?
For further assistance, please contact our
support team directly
Thank you for your feedback and cooperation as we work to enhance your CoinTracker experience!
Keywords: specific identification, US tax rules, cryptocurrency taxes, FIFO, tax optimization