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[Taxes] Do i really have to sort through and calculate every transaction if i’m well in the red?

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by COINS NEWS 176 Views

Im filing taxes tonight and i have a crypto tax question. Ive made about 70 or 80 trades for the year, multiple wallets and exchanges. Im down like 30% for the year. can i just simply list my net loss? If i was in the green id have no problem going through all my transactions, but with my situation do you think the taxman will come knocking at my door if i just list net loss?

Any advice or input would be appreciated.

Ohhhh so many characters left to type, so little to say. Alright well that concludes my post, and thank you guys for reading it, and hey if you responded then even more thanks to you andd okay looks like im at 500 characters

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