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I fucked up - An idiot with 100k+ transactions for a loss and can't figure out how to report taxes now

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by COINS NEWS 151 Views

My friend made a swing trading crypto bot and I threw 10k at it and let it rip with him in Beta. Cut it off after about 2 months and 4k in losses. 123k transactions happened in that period on Binance.

I'm also an idiot who didn't know I had to report every transaction. Everything I try to use is just breaking. I ponied up $1500 to Cointracker.io for their premium version that covers 100k+ transactions, but can't get anything out of that system either. When I try to connect Cointracker via Turbotax, it errors out everytime.

HR Block suggested using cointracker also, but then it doesn't appear there is anywhere to actually import anything, so I don't know why they suggest using it.

Anyone report on huge number of crypto transactions have some advice?

Edit: United states.

Edit2: Calling a professional and filing an extension. Leaving this dumb shit up as a cautionary tale

submitted by /u/KittenCrusades
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