Cryptocurrency spreadsheet for taxes

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Until now! I found it incredibly frustrating so far to do my taxes for crypto. If you want to do it right which you should you need to track every single trade no matter if fiat-to-crypto or crypto-to-crypto; and since this space is so new, there is very little consensus about what counts as a taxable event. Fortunately, there are great resources out there that can give more clarity such as this pretty detailed one from the UK government.

If this is not the first year you need to think about how to do your crypto taxes and if you love trying to be efficient as much as I do, you will probably have looked around for a better way to approach this than manual calculations. There are a bunch of online services and SaaS solutions out there which can calculate your capital gains taxes for a one-off payment or subscription.

The bad: Very expensive option. Basically, you just need to declare the crypto ticker symbol then followed by the relevant currency you want to display and the time it refreshes. For example, if I want to display the price of bitcoin in USD and update every second, it would be cs.

PRICE vs. Step 3: Create our portfolio investment table A portfolio investment table shows the statistics of our portfolio, such as our purchase price, the current value, how much we invested, total return and etc. As shown in the image above, in this step we will basically be filling in each header section of our table.

Below I have listed each column header and explained in-depth exactly how I made the formulas. Numer of currency held: The number of currency held, is how much currency of each coin you currently hold. Step 4: Insert a distribution pie chart A distribution pie chart is a graphical representation of the diversity in our portfolio, it helps with providing a quick visual of our cryptocurrency holdings and the relative weight of its worth compared to the entire portfolio.

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