Hacker News new | ask | show | jobs
by cadillion 1826 days ago
We currently don't provide these tax services but it's very much in the roadmap. We're already working with accountants to make sure that we can support specific identification at the point of trade so you can optimize your tax implications before you place your trade!

We don't support automated BlockFi syncing yet, due to a limited API, but we're always open to intros to get them integrated. If you don't see them in our wallet list, let us know and we'll add them to the index.

Regarding your wash rule example, we can take it a step further, eventually! Let's say you bought 1 BTC each at $12k in 2018, 6k in 2019, and $20k in 2021 and you wanted to sell 1 BTC at the top for $60k. We could help you specifically identify the BTC you bought at $12k so you could pay capital gains on a $48k gain instead of income tax on a $40k gain. This is uniquely possible because we have the full view of all your exchange venues.

1 comments

Awesome stuff in the pipeline and thanks for the reply. I'd love for BlockFi to be supported, but unfortunately I don't see them opening up their entire platform via API anytime soon.