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eprbell / rp2

Privacy-focused, free, open-source cryptocurrency tax calculator for multiple countries: it handles multiple coins/exchanges and computes long/short-term capital gains, cost bases, in/out lot relationships/fractioning, and account balances. It supports FIFO, LIFO, HIFO and it outputs in form 8949 format. It has a programmable plugin architecture
https://pypi.org/project/rp2/
Apache License 2.0
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Investment Expenses Tab #45

Closed whatamidoingwrong closed 2 years ago

whatamidoingwrong commented 2 years ago

Hello,

I just have a quick question for you.

In the tax-friendly output file: Are the transactions in the "Investment Expenses" tab already factored into the "Capital Gains" tab? Do "Investment Expenses" get their own tab simply for easy record-keeping, or, do I need to manually go through my "Capital Gains" transactions and adjust the cost basis myself, based upon what I see in the "Investment Expenses" tab?

Thank you!

eprbell commented 2 years ago

The transactions in the "Capital Gains" tab are self-contained and there is no need to adjust their cost basis. The transactions in "Investment Expenses" tab are also self-contained: they affect the in-out lot relationship and so they are reported in the output (more on this in the FAQ). Hope this helps.

whatamidoingwrong commented 2 years ago

Got it. Thank you.