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by xur17 2630 days ago
I agree with this. Normal trading on exchanges might be relatively easy since you can just export transactions and dump them into a tool like this, but it can get a lot more complicated than that.

Some examples of things that are complicated:

- Trading ERC721 tokens (there are no tools to track down these transactions, track cost basis, etc - I ended up spending days hand crafting scripts to retrieve this data)

- Opening a cdp on something like Makerdao (which parts of this are taxable events / how do I file it?)

- What counts as a wash sale? [0]

- What are allowable methods of tracking cost basis?

- How do I handle hard forks?

Some of these are partially answered, but none of it is clear at all.

[0] https://help.cointracker.io/taxes/us-taxes/do-wash-sales-app...