defitaxes.us

@nope_its_lily Yes please

@CryptoTaxGuyETH That seems quite reasonable to me akshually. Otherwise conflict of interest immediately.

We live in a world where regulators are not allowed to own the thing they are supposed to regulate. Jfc.

@unusual_whales Historical options data I can download via API?

Unusual Whales has everything you need for any ticker. Want top volume chains? Got it. Highest OI? It's there. Check everything on one page. See more: unusualwhales.com/stock/AAPL/ove…

@nope_its_lily I gave chatgpt a real-life interview-level algorithmic problem from my work and it fumbled it.

@nope_its_lily Offtopic! Hey Lily, wanted to run a dumb idea by you: 1) Get fundamental data for all the stocks 2) Build a model for their *current* market cap 3) Get out-of-fold predictions for each one 4) Long the ones model thinks are underpriced, short overpriced. WYT?

@SalsaTekila Low. Main problem is that you can't really trust the code it writes. Even if it works you won't have any way to check if it works correctly. Strongly suggest hiring a programmer (or learning some python), these tasks aren't complicated.

@CryptoTaxGuyETH I think sending tokens to a burn address probably counts as a taxable event and sale at 0

I really hope this isn’t a prescient tweet. FYI, if an LST protocol WERE hacked, and you’re US, sell before the LSTs go to zero. Worthlessness losses are nondeductible. A theft loss claim would be tough bc we don’t know if we “look thru” LSTs for taxes. findknowdo.com/news/12/20/202…

@0x0Audits Abandon all hope of calculating crypto taxes correctly if using this.

Dear Cyborgs, The moment you've all been waiting for has arrived! After months of hard work and dedication, we are thrilled to announce the launch of our Privacy DEX. This DEX is designed to conceal your swap transactions, providing you with a taste of privacy from the Etherscan.

@accounting I tested it with a fairly simple question and it very confidently gave me an extremely well-written, detailed, wrong answer.

Preparing crypto taxes is complex! Is ChatGPT up for the task? The result is not what you think! 💭 m.youtube.com/watch?v=JB-M9T…

@notEezzy How did you find AIDOGE in the first place? :D

got rugged on 8 different eth memecoins this week more painful, i lost the gas fees on them too 😒 AMA

Just released an update. You can now specify your FIAT currency. Also, we now automatically detect and hide spam transactions. Also also, you can choose how to treat transaction costs, vault profits and losses.

Defitaxes code is now open-source! github.com/iraykhel/defit…

@CryptoTaxesGuy But have you checked out my site? ;) Give it a try, it's free. It's defi- and NFT-focused, and better at it than all the major competitors.

You can check the site here: koinx.com/get-crypto-tax… Looking at the web page, it appears to report taxes internationally and the US. Also, the type of income, such as trading, mining or staking. Taxes are calculated based on your tax bracket It might be worth a try

There is another entry to the crypto tax reporting world. KoinX Launches A New Crypto Tax Calculator Tool for Seamless Tax Filing alexablockchain.com/koinx-crypto-t… What does it do?

defitaxes.us -- random free defi tax site I found on reddit that seems to be orders of magnitude better than any of the paid services i've used.

@nope_its_lily Just used twelvedata.com to add forex rates like a week ago, free. But might not have all the things you want.

We now support Arbitrum Nova.

@CryptoTaxGuyETH @CryptoDickbutts @cryptoadzNFT I am looking forward to the day IRS argues in court that yes, @CryptoDickbutts are indeed works of art, and should incur the higher tax rate.

5/ Work of art. The guidance also requests comments on how to determine whether a digital file is a "work of art." Maybe @CryptoDickbutts or @cryptoadzNFT aren't collectibles because they aren't tangible or, alternatively, aren't works of art?

1/ Today, the IRS issued guidance and requested comments on the treatment of NFTs as "collectibles" for US tax purposes. 🧵 irs.gov/pub/irs-drop/n…

@EmDeeEm "a capital asset held for more than one year is subject to a maximum 28% capital gains tax rate". Barf. Looks like we may need to have a wholly separate section for NFTs now and can't treat them as regular cap assets.

"The Treasury Department and the IRS intend to issue guidance regarding the treatment of certain NFTs as section 408(m) collectibles." It's showtime #taxtwitter #CryptoTwitter #NFTCommuntiy irs.gov/pub/irs-drop/n…

@kjmeichtry Give my tool a try, it's specifically built for defi, and is completely free. I think you'll find it works better than everything else mentioned here.

APRIL 15TH IS COMING!!! need tips on NFT/defi savvy tax sites? crypto taxes are so intimidating. I'm using CoinTracker & there are a lot of transactions that need review 😬😵‍💫🫠 2nd opinion for comparison would be helpful 🙏

@0xmangg Give my thing a try, it's free. Specifically built for defi.