Summ

It’s official. Crypto Tax Calculator is now Summ. Same trusted product. New name. summ.com

2021 crypto twitter: wen lambo 2026 crypto twitter: wen records different cycle. same urgency. better outcome if you start now.

crypto news australia put together a full EOFY tax prep guide summ gets the recommendation for connecting your wallets and exchanges and pulling everything in automatically. if you're not sorted before July 1, this is a good starting point👇

@muc_simon @cryptaxpt @finbooks_app Hey Simon, sorry to hear you weren't able to swap jurisdiction. I see you've already switched platforms, however would still like to hear more about your experience with summ & if we could help you get that jurisdiction issue sorted! Please shoot us an email: support@summ.com

@cryptaxpt @finbooks_app I changed this year to Koinly (first time I had to do Portuguese taxes). With Summ it is not possible to change your jurisdiction. To have a clear cut I decided to change the software.

🗣️Honest feedback on @finbooks_app for Portuguese crypto tax reporting🇵🇹 I finally took the time to properly test Finbooks after hearing their Portuguese representative on the Bitalk podcast. She was excellent and made a strong case, which got me genuinely excited to try it. Unfortunately, the tool didn’t meet my expectations... Here are my main observations: 1⃣Staking income is being classified as active income (Category B). In my view, this is incorrect, staking rewards are clearly passive income, while running and maintaining your own validator can be considered active income. 2⃣Finbooks also taxes staking rewards when you receive the reward while the law clearly states that taxes occur upon selling to fiat or using for a real life good or service. 3⃣The reports contain a large number of zero-value lines (assets bought and sold for 0). This adds unnecessary noise and makes the output harder to work with. 4⃣Instead of clean totals (total acquired, total disposed, and net gain), you get hundreds of individual lines. Expecting an accountant to manually consolidate these is unrealistic. 5⃣ It considers crypto-to-crypto trades as taxable, which is not. 6⃣ It does not include the crypto assets which are sold. You won´t need this for the filing, but you would need this in case of an audit. Finbooks conclusion: Pay €30.000 in taxes. Real taxes owed: €0, because the gains Finbooks considered realised, were not realised. For now, I continue to prefer @KoinlyOfficial, not necessarily for its final reports, but as a powerful data aggregator. Its ability to filter and extract exactly what’s relevant per client is still hard to beat. I’m sharing this because crypto tax tooling in Europe (and especially Portugal) is still evolving. Which tools do you think I should try?

the crypto investor's dilemma: if you don't check your portfolio, the bags are technically both up and down at the same time. the ATO does not accept schrödinger's bag as a tax strategy.

@RoundtableSpace nice to see for Grok

THIS BEGINNER GUIDE SHOWS HOW NON TECHNICAL USERS CAN INSTALL GROK BUILD AND START CREATING WEBSITES APPS IMAGES AND VIDEOS IN MINUTES

@coingecko summ

Project?

Longs into shorts $SLX

@pandaa GMMM PANDA

Can I get a GM? 💛

@cryptorover Taiwanese folks said it's time @Waterman_crypto

TAIWANESE MARKET IS EXPLODING 🚀 NT$84,000,000,000,000 has been added to Taiwan’s stock market this year alone as it surges 52% YTD. It is now the 4th largest stock market in the world, overtaking India.

@greg16676935420 Goodnight Gregory

good night to everyone except for the people its not night for

@degentalks 😆

people see you journaling and assume it’s relationship issues. dude i’m documenting the dump women in STEM

@SlamDiegoZoo i heard this is the new big 3 🤔

Great stocks trading like crypto. Crypto trading like Black Friday. (Except $ZEC, $HYPE & $NEAR of course)

@RoundtableSpace now use summ to reconcile that crypto activity

THIS GUY TURNED $100 INTO $10,000 ON A SINGLE KNICKS BET PRICED AT 1 CENT AND MADE $78,257 IN ONE WEEK. He runs a 98.8% winrate by systematically hitting NBA and MLB spreads with large positions while hunting 1 cent lottery tickets on the side.

@BillyM2k you're great at summthing

@francescoswiss @Polymarket wow, i haven't heard someone mention twilight for years

@Polymarket The market’s addiction to "rate cuts" is honestly a better love story than Twilight at this point. 🤡

JUST IN: South Korea’s central bank is reportedly expected to hold rates steady this week as inflation fuels expectations for hikes from Q3.

loss harvesting in australia, in plain english: if you're sitting on positions that are underwater, you can sell them before june 30 and use the realised loss to offset gains you've already locked in this year. the catch: the ATO uses intent (part IVA), not a fixed 30-day window like the US. selling and immediately rebuying the identical asset is high risk. selling and repositioning into something different is fine. summ surfaces your unrealised losses automatically. 5 weeks left to decide.

this week on crypto twitter: → bitcoin failed as a hedge → bitcoin is still working as designed → the bear is here → this is just a healthy correction → paul tudor jones is right → paul tudor jones is wrong meanwhile EOFY is 5 weeks away and the records aren't going to do themselves.

@therealchaseeb solana users use summ

Solana spent 2 entire cycles as the underdog main character and fastest horse in the race. It was never going to last forever. It was a fun ride, but its time to stop wishing for a 3rd cycle, and continue building the most robust DeFi ecosystem in crypto. Soltardio

@Ministerr is this the signal?

We are overdue for an NFT bull run.