Tax report for 2018 - cryptotax.io · Page 1 of 1. 1.00000000 ETH 06/02/2018 12/01/2018 1,210.53...

Tax report for 2018

Dear customer,

Please find attached the tax report for 2018.

The report contains all relevant transactions in the period from 01.01.2018 to 31.12.2018

In addition to this cover letter, the tax report consists of the following components:

1. Summary sheet2. Overview of holdings and holding changes3. Form completion assistance for the tax return4. Transaction statements and summaries5. Explanatory notes

This list may only be used as a tax document, if it has been checked for accuracy and completeness.The transactions and assets reported therein require individual assessment by you or your tax advisorregarding their tax treatment.

Best regards

CryptoTax

Determination of tax basesfrom gains and losses from trading in cryptocurrencies in 2018

Capital gains / losses from trading in cryptocurrencies in USD

Short-Term capital gain / loss 1,389.64

Long-Term capital gain / loss 530.30

Other income from cryptocurrency inflows in USD

Total other income 3,808.53

Business income from cryptocurrency inflows in USD

Total business income 1,151.21

Determination of tax bases from gains and losses from trading in cryptocurrencies in 2018Page 1 of 1

1.00000000 ETH 06/02/2018 12/01/2018 1,210.53 579.17 O 51.65 579.70

0.45000000 ETH 06/03/2018 12/01/2018 544.74 0.00 O 289.91 254.83

0.05000000 ETH 06/03/2018 12/01/2018 5.65 0.00 O 32.21 -26.56

0.10000000 ETC 09/10/2018 09/10/2018 1.11 1.11 O 0.03 -0.03

3.60000000 ETC 09/10/2018 12/03/2018 116.51 40.13 O 1.06 75.32

0.10000000 ETC 09/10/2018 12/03/2018 0.52 1.11 O 0.03 -0.63

1.00000000 ETH 06/09/2018 601.30

0.05000000 ETH 06/03/2018 07/01/2018 22.69 0.00 O 31.08 -8.38

0.45000000 ETH 06/03/2018 07/02/2018 202.71 0.00 O 279.70 -76.99

0.15000000 ETH 06/04/2018 07/02/2018 67.57 92.77 O 4.64 -29.84

0.05000000 ETH 06/04/2018 07/02/2018 22.52 30.92 O 1.55 -9.95

0.10000000 ETH 06/04/2018 07/03/2018 47.53 61.85 O 3.09 -17.41

0.05000000 ETH 06/04/2018 07/03/2018 23.77 30.92 O 1.55 -8.70

0.65000000 ETH 06/04/2018 07/04/2018 300.84 402.01 O 20.10 -121.26

0.65000000 ETH 06/05/2018 07/04/2018 300.84 384.79 O 19.24 -103.19

0.05000000 ETH 06/05/2018 07/04/2018 23.14 29.60 O 1.48 -7.94

0.30000000 ETH 06/05/2018 08/01/2018 15.03 177.60 O 8.88 -171.45

0.70000000 ETH 06/06/2018 08/01/2018 35.07 426.18 O 21.31 -412.42

0.05000000 ETH 06/06/2018 08/01/2018 21.56 30.44 O 1.52 -10.40

0.25000000 ETH 08/02/2018 08/02/2018 -104.99

0.25000000 ETH 06/06/2018 08/02/2018 104.99 152.21 O 7.61 -54.83

0.05000000 ETH 06/07/2018 08/02/2018 21.00 30.39 O 1.52 -10.91

0.10000000 ETH 08/03/2018 08/03/2018 -41.12

0.10000000 ETH 06/07/2018 08/03/2018 41.12 60.78 O 3.04 -22.70

0.05000000 ETH 06/07/2018 08/03/2018 20.56 30.39 O 1.52 -11.35

0.05000000 ETH 06/07/2018 09/02/2018 14.79 30.39 O 1.52 -17.12

0.25000000 ETH 06/07/2018 09/03/2018 73.86 151.96 O 7.60 -85.69

0.25000000 ETH 06/08/2018 09/03/2018 73.86 151.69 O 7.58 -85.41

0.05000000 ETH 06/08/2018 09/03/2018 14.77 30.34 O 1.52 -17.08

0.05000000 ETH 06/10/2018 09/04/2018 14.48 0.00 O 26.49 -12.01

0.05000000 ETH 12/03/2018 12/20/2018 5.05 5.83 O 0.03 -0.80

0.05000000 ETH 12/03/2018 12/21/2018 5.81 5.83 O 0.03 -0.04

0.05000000 ETH 12/03/2018 12/22/2018 5.48 5.83 O 0.03 -0.37

0.05000000 ETH 12/03/2018 12/23/2018 5.88 5.83 O 0.03 0.03

0.05000000 ETH 12/03/2018 12/24/2018 6.55 5.83 O 0.03 0.70

0.05000000 ETH 12/03/2018 12/25/2018 7.02 5.83 O 0.03 1.17

10.00000000 ICN 07/02/2018 07/31/2018 5.57 0.00 O 9.82 -4.25

10.00000000 ICN 07/02/2018 08/01/2018 5.01 0.00 O 9.82 -4.81

10.00000000 ICN 06/08/2018 09/04/2018 5.05 6.07 O 0.38 -1.40

690.00000000 ICN 06/08/2018 12/02/2018 743.94 418.67 O 26.02 299.25

1,000.00000000 ICN 06/09/2018 12/02/2018 1,078.17 601.30 O 37.43 439.43

950.00000000 ICN 06/10/2018 12/02/2018 1,024.26 0.00 O 510.31 513.95

280.00000000 ICN 07/02/2018 12/02/2018 301.89 0.00 O 274.84 27.05

50.00000000 ICN 07/03/2018 12/02/2018 53.91 0.00 O 71.58 -17.67

650.00000000 ICN 07/04/2018 12/02/2018 700.81 0.00 O 628.44 72.37

90.00000000 ICN 08/01/2018 12/02/2018 97.04 0.00 O 69.00 28.03

10.00000000 ICN 08/01/2018 12/02/2018 1.88 0.00 O 7.67 -5.79

7,395.06 3,987.75 2,472.86 1,389.64

0.05000000 ETH 06/01/2017 07/01/2018 22.69 15.00 O 1.71 5.99

0.45000000 ETH 06/01/2017 12/01/2018 544.74 135.00 O 15.38 394.36

0.05000000 ETH 06/01/2017 06/02/2018 28.96 15.00 O 0.57 13.38

0.05000000 ETH 06/01/2017 06/03/2018 29.60 15.00 O 0.57 14.02

0.05000000 ETH 06/01/2017 06/04/2018 30.92 15.00 O 0.57 15.35

0.05000000 ETH 06/01/2017 06/05/2018 29.60 15.00 O 0.57 14.03

0.05000000 ETH 06/01/2017 06/06/2018 30.44 15.00 O 0.57 14.87

0.05000000 ETH 06/01/2017 06/07/2018 30.39 15.00 O 0.57 14.82

0.05000000 ETH 06/01/2017 06/08/2018 30.34 15.00 O 0.57 14.76

0.05000000 ETH 06/01/2017 06/09/2018 30.07 15.00 O 0.57 14.49

0.05000000 ETH 06/01/2017 06/10/2018 29.80 15.00 O 0.57 14.23

837.55 285.00 22.25 530.30

1,151.21

1,151.21

1,151.21

1,151.21

1,151.21

1,151.21

1,151.21

1,389.64

1,389.64

530.30

530.30

2,472.863,987.757,395.06

837.55 285.00 22.25

1,919.94

1,151.211,919.94

See appendix to other income 3,808.53

6,879.67

6,879.676,879.67

Determination of tax basesfrom tax relevant cryptocurrency inflows in 2018

- Appendix to other income -

Cryptocurrency inflows in USD

Hardforks 42.36Lending 591.99Staking 618.47

Masternodes 608.82Mining 607.83

Bounties 606.76Airdrops 591.95

Security Token Distribution 140.34Forex 0.00

Total other income 3,808.53

Determination of tax bases from tax relevant cryptocurrency inflows in 2018Page 1 of 1

Overview of holdings and holding changes 2018

Total holdings

Ticker Name ITINHoldings

01.01.2018Inflow2018

Outflow2018

Holdings12.31.2018

ETC Ethereum Classic PN47-SBNE-5 0.00000000 3.80000000 3.80000000 0.00000000

ETH Ethereum T22F-QJGB-N 0.95000000 23.00000000 12.25000000 11.70000000

ICN Iconomi S27D-GZ6D-E 0.00000000 3,750.00000000 3,750.00000000 0.00000000

Data source Account

ETH Wallet Ethereum Wallet 12345678910


01.01.2018Inflow2018

Outflow2018

Holdings12.31.2018


Data source Account

Kraken Kraken Account1


01.01.2018Inflow2018

Outflow2018

Holdings12.31.2018

ETC Ethereum Classic PN47-SBNE-5 0.00000000 3.80000000 3.80000000 0.00000000


Data source Account

Poloniex Poloniex Account 1


01.01.2018Inflow2018

Outflow2018

Holdings12.31.2018

ICN Iconomi S27D-GZ6D-E 0.00000000 3,750.00000000 3,750.00000000 0.00000000

Overview of holdings and holding changes 2018Page 1 of 1

Capital gains and losses summary 2018

Data source Account

Short-Term capital gains and losses

Gainsin USD

Lossesin USD

Totalin USD

Long-Term capital gains and losses

Gainsin USD

Lossesin USD

Totalin USD

ETH Wallet Ethereum Wallet 12345678910 834.53 26.56 807.97 400.35 0.00 400.35

Kraken Kraken Account1 678.52 1,443.03 -764.51 129.95 0.00 129.95

Poloniex Poloniex Account 1 1,380.08 33.90 1,346.18 0.00 0.00 0.00

Total 2018 2,893.13 1,503.50 1,389.64 530.30 0.00 530.30

Capital gains and losses summary 2018Page 1 of 1

Capital gains and losses transaction statement 2018

Data source AccountAsset

Ticker Name ITIN

ETH Wallet Ethereum Wallet 12345678910 ETH Ethereum T22F-QJGB-N

ID Date TypeLinkedwith ID

Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod

Treated astax relevant

1 07/01/2018 15:00:00 Deposit 27 2.00000000 ETH 45.39

06/01/2017 15:00:00 Buy 0.50000000 ETH 150.00000000 USD 11.35 167.09

06/02/2018 15:00:00 Deposit 1.00000000 ETH 22.69 630.82

06/03/2018 15:00:00 Airdrop 0.50000000 ETH 11.35 322.12

2 07/01/2018 15:00:00 Fee 0.05000000 ETH 22.69

06/01/2017 15:00:00 Buy 0.05000000 ETH 15.00000000 USD 16.71 22.69 5.99 395 Yes, Long-Term

3 12/01/2018 15:00:00 OTC Sell 2,300.00000000 USD 1.90000000 ETH 2,300.00


06/02/2018 15:00:00 Deposit 1.00000000 ETH 630.82 1,210.53 579.70 182 Yes, Short-Term

06/03/2018 15:00:00 Airdrop 0.45000000 ETH 289.91 544.74 254.83 181 Yes, Short-Term

4 12/01/2018 15:00:00 Fee 0.05000000 ETH 5.65

06/03/2018 15:00:00 Airdrop 0.05000000 ETH 32.21 5.65 -26.56 181 Yes, Short-Term


Ticker Name ITIN

Kraken Kraken Account1 ETC Ethereum Classic PN47-SBNE-5


Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod


5 09/10/2018 15:00:00 Hard Fork 3.80000000 ETC 1.11 43.48

6 09/10/2018 15:00:00 Fee 0.10000000 ETC 1.11

09/10/2018 15:00:00 Hard Fork 0.10000000 ETC 1.14 1.11 -0.03 0 Yes, Short-Term

7 12/03/2018 15:00:00 Sell 47 1.00000000 ETH 3.60000000 ETC 116.51

09/10/2018 15:00:00 Hard Fork 3.60000000 ETC 41.19 116.51 75.32 84 Yes, Short-Term

8 12/03/2018 15:00:00 Fee 0.10000000 ETC 0.52

09/10/2018 15:00:00 Hard Fork 0.10000000 ETC 1.14 0.52 -0.63 84 Yes, Short-Term

Capital gains and losses transaction statement 2018Page 1 of 5


Ticker Name ITIN

Kraken Kraken Account1 ETH Ethereum T22F-QJGB-N


Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod


9 06/02/2018 15:00:00 Deposit 1.00000000 ETH 28.96 608.13

10 06/02/2018 15:00:00 Fee 0.05000000 ETH 28.96


11 06/03/2018 15:00:00 Airdrop 1.00000000 ETH 29.60 621.55

12 06/03/2018 15:00:00 Fee 0.05000000 ETH 29.60


13 06/04/2018 15:00:00 Staking 1.00000000 ETH 30.92 649.39

14 06/04/2018 15:00:00 Fee 0.05000000 ETH 30.92


15 06/05/2018 15:00:00 Lending 1.00000000 ETH 29.60 621.59

16 06/05/2018 15:00:00 Fee 0.05000000 ETH 29.60


17 06/06/2018 15:00:00 Masternode 1.00000000 ETH 30.44 639.27

18 06/06/2018 15:00:00 Fee 0.05000000 ETH 30.44


19 06/07/2018 15:00:00 Mining 1.00000000 ETH 30.39 638.22

20 06/07/2018 15:00:00 Fee 0.05000000 ETH 30.39


21 06/08/2018 15:00:00 Bounty 1.00000000 ETH 30.34 637.10

22 06/08/2018 15:00:00 Fee 0.05000000 ETH 30.34


23 06/09/2018 15:00:00 Margin Trading Profit 1.00000000 ETH 30.07 631.37 Yes, Short-Term

24 06/09/2018 15:00:00 Fee 0.05000000 ETH 30.07


25 06/10/2018 15:00:00 OTC Buy 1.00000000 ETH 500.00000000 USD 29.80 529.80

26 06/10/2018 15:00:00 Fee 0.05000000 ETH 29.80


27 07/01/2018 15:00:00 Withdrawal 1 2.00000000 ETH

06/01/2017 15:00:00 Buy 0.50000000 ETH 150.00000000 USD 155.74 395 No

06/02/2018 15:00:00 Deposit 1.00000000 ETH 608.13 29 No

06/03/2018 15:00:00 Airdrop 0.50000000 ETH 310.77 28 No



Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod


28 07/01/2018 15:00:00 Fee 0.05000000 ETH 22.69


29 07/02/2018 15:00:00 ICO Investment 60 0.60000000 ETH 270.27


06/04/2018 15:00:00 Staking 0.15000000 ETH 97.41 67.57 -29.84 28 Yes, Short-Term

30 07/02/2018 15:00:00 Fee 0.05000000 ETH 22.52




32 07/03/2018 15:00:00 Fee 0.05000000 ETH 23.77




06/05/2018 15:00:00 Lending 0.65000000 ETH 404.03 300.84 -103.19 29 Yes, Short-Term

34 07/04/2018 15:00:00 Fee 0.05000000 ETH 23.14


35 08/01/2018 15:00:00 OTC Sell 62 100.00000000 ICN 1.00000000 ETH 50.09


06/06/2018 15:00:00 Masternode 0.70000000 ETH 447.49 35.07 -412.42 56 Yes, Short-Term

36 08/01/2018 15:00:00 Fee 0.05000000 ETH 21.56


37 08/02/2018 15:00:00 Margin Trading Loss 0.25000000 ETH 104.99 Yes, Short-Term


38 08/02/2018 15:00:00 Fee 0.05000000 ETH 21.00

06/07/2018 15:00:00 Mining 0.05000000 ETH 31.91 21.00 -10.91 56 Yes, Short-Term

39 08/03/2018 15:00:00 Margin Trading Fee 0.10000000 ETH 41.12 Yes, Short-Term


40 08/03/2018 15:00:00 Fee 0.05000000 ETH 20.56


41 09/02/2018 15:00:00 Gift 0.50000000 ETH 147.90

06/07/2018 15:00:00 Mining 0.50000000 ETH 319.11 147.90 -171.21 87 No

42 09/02/2018 15:00:00 Fee 0.05000000 ETH 14.79


43 09/03/2018 15:00:00 Spending for Product / Service 0.50000000 ETH 147.72


06/08/2018 15:00:00 Bounty 0.25000000 ETH 159.28 73.86 -85.41 87 Yes, Short-Term

44 09/03/2018 15:00:00 Fee 0.05000000 ETH 14.77



Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod


06/08/2018 15:00:00 Bounty 0.05000000 ETH 31.86 14.77 -17.08 87 Yes, Short-Term

45 09/04/2018 15:00:00 Swap Outflow 64 2.65000000 ETH

06/08/2018 15:00:00 Bounty 0.70000000 ETH 445.97 88 No

06/09/2018 15:00:00 Margin Trading Profit 1.00000000 ETH 631.37 87 No

06/10/2018 15:00:00 OTC Buy 0.95000000 ETH 475.00000000 USD 503.31 86 No

46 09/04/2018 15:00:00 Fee 0.05000000 ETH 14.48

06/10/2018 15:00:00 OTC Buy 0.05000000 ETH 25.00000000 USD 26.49 14.48 -12.01 86 Yes, Short-Term

47 12/03/2018 15:00:00 Buy 7 1.00000000 ETH 3.60000000 ETC 0.52 117.03

48 12/20/2018 15:00:00 Staking 2.00000000 ETH 5.05 207.10

49 12/20/2018 15:00:00 Fee 0.05000000 ETH 5.05

12/03/2018 15:00:00 Buy 0.05000000 ETH 0.18000000 ETC 5.85 5.05 -0.80 17 Yes, Short-Term

50 12/21/2018 15:00:00 Lending 2.00000000 ETH 5.81 238.41

51 12/21/2018 15:00:00 Fee 0.05000000 ETH 5.81


52 12/22/2018 15:00:00 Masternode 2.00000000 ETH 5.48 224.59

53 12/22/2018 15:00:00 Fee 0.05000000 ETH 5.48


54 12/23/2018 15:00:00 Mining 2.00000000 ETH 5.88 241.21

55 12/23/2018 15:00:00 Fee 0.05000000 ETH 5.88

12/03/2018 15:00:00 Buy 0.05000000 ETH 0.18000000 ETC 5.85 5.88 0.03 20 Yes, Short-Term

56 12/24/2018 15:00:00 Bounty 2.00000000 ETH 6.55 268.67

57 12/24/2018 15:00:00 Fee 0.05000000 ETH 6.55


58 12/25/2018 15:00:00 Security Token Distribution 1.00000000 ETH 7.02 147.36

59 12/25/2018 15:00:00 Fee 0.05000000 ETH 7.02



Ticker Name ITIN

Poloniex Poloniex Account 1 ICN Iconomi S27D-GZ6D-E


Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod


60 07/31/2018 15:00:00 ICO token inflow 1,000.00000000 ICN 75.00

07/02/2018 15:00:00 ICO Investment 29 300.00000000 ICN 24.19 294.47




Inflow

Quantity Asset

Outflow

Quantity Asset

Feein USD

Acquisition-cost

in USD

Sales-proceedin USD

Capital-gain

in USD

Holdingperiod



61 07/31/2018 15:00:00 Fee 10.00000000 ICN 5.57

07/02/2018 15:00:00 ICO Investment 10.00000000 ICN 9.82 5.57 -4.25 29 Yes, Short-Term

62 08/01/2018 15:00:00 OTC Buy 35 100.00000000 ICN 1.00000000 ETH 26.57 76.67

63 08/01/2018 15:00:00 Fee 10.00000000 ICN 5.01


64 09/04/2018 15:00:00 Swap Inflow 45 2,650.00000000 ICN 19.52

06/08/2018 15:00:00 Bounty 700.00000000 ICN 5.16 451.13

06/09/2018 15:00:00 Margin Trading Profit 1,000.00000000 ICN 7.37 638.73

06/10/2018 15:00:00 OTC Buy 950.00000000 ICN 7.00 510.31

65 09/04/2018 15:00:00 Fee 10.00000000 ICN 5.05

06/08/2018 15:00:00 Bounty 10.00000000 ICN 6.44 5.05 -1.40 88 Yes, Short-Term

66 12/02/2018 15:00:00 Sell 68 4,000.00000000 USD 3,710.00000000 ICN 4,000.00

06/08/2018 15:00:00 Bounty 690.00000000 ICN 444.68 743.94 299.25 177 Yes, Short-Term

06/09/2018 15:00:00 Margin Trading Profit 1,000.00000000 ICN 638.73 1,078.17 439.43 176 Yes, Short-Term

06/10/2018 15:00:00 OTC Buy 950.00000000 ICN 510.31 1,024.26 513.95 175 Yes, Short-Term

07/02/2018 15:00:00 ICO Investment 280.00000000 ICN 274.84 301.89 27.05 153 Yes, Short-Term


07/04/2018 15:00:00 ICO Investment 650.00000000 ICN 628.44 700.81 72.37 151 Yes, Short-Term

08/01/2018 15:00:00 OTC Buy 90.00000000 ICN 0.90000000 ETH 69.00 97.04 28.03 123 Yes, Short-Term

67 12/02/2018 15:00:00 Fee 10.00000000 ICN 1.88

08/01/2018 15:00:00 OTC Buy 10.00000000 ICN 0.10000000 ETH 7.67 1.88 -5.79 123 Yes, Short-Term


Other income summary 2018

Data source AccountProceeds from

Hardforksin USD

Proceeds fromLendingin USD

Proceeds fromStakingin USD

Proceeds fromMasternodes

in USD

Proceeds fromMiningin USD

Proceeds fromBountiesin USD

Proceeds fromAirdropsin USD

Proceeds fromSecurity Token

Distributionin USD

Proceeds fromForex

in USD

Totalproceedsin USD

Kraken Kraken Account1 42.36 591.99 618.47 608.82 607.83 606.76 591.95 140.34 0.00 3,808.53

Total 2018 42.36 591.99 618.47 608.82 607.83 606.76 591.95 140.34 0.00 3,808.53

Other income summary 2018Page 1 of 1

Other income transaction statement 2018

ID Date Type Data source AccountInflow / Outflow

Quantity Asset

Value resp.gain / loss

in USD

5 09/10/2018 15:00:00 Hard Fork Kraken Kraken Account1 3.80000000 ETC 42.36

11 06/03/2018 15:00:00 Airdrop Kraken Kraken Account1 1.00000000 ETH 591.95

13 06/04/2018 15:00:00 Staking Kraken Kraken Account1 1.00000000 ETH 618.47

15 06/05/2018 15:00:00 Lending Kraken Kraken Account1 1.00000000 ETH 591.99

17 06/06/2018 15:00:00 Masternode Kraken Kraken Account1 1.00000000 ETH 608.82

19 06/07/2018 15:00:00 Mining Kraken Kraken Account1 1.00000000 ETH 607.83

21 06/08/2018 15:00:00 Bounty Kraken Kraken Account1 1.00000000 ETH 606.76

58 12/25/2018 15:00:00 Security Token Distribution Kraken Kraken Account1 1.00000000 ETH 140.34

Total 2018 3,808.53

Other income transaction statement 2018Page 1 of 1

Business income summary 2018

Data source AccountProceeds from

Lendingin USD

Proceeds fromStakingin USD

Proceeds fromMasternodes

in USD

Proceeds fromMiningin USD

Proceeds fromBountiesin USD

Totalproceedsin USD

Kraken Kraken Account1 232.60 202.05 219.11 235.33 262.12 1,151.21

Total 2018 232.60 202.05 219.11 235.33 262.12 1,151.21

Business income summary 2018Page 1 of 1

Business income transaction statement 2018

ID Date Type Data source AccountInflow

Quantity Asset

Valuein USD

48 12/20/2018 15:00:00 Staking Kraken Kraken Account1 2.00000000 ETH 202.05

50 12/21/2018 15:00:00 Lending Kraken Kraken Account1 2.00000000 ETH 232.60

52 12/22/2018 15:00:00 Masternode Kraken Kraken Account1 2.00000000 ETH 219.11

54 12/23/2018 15:00:00 Mining Kraken Kraken Account1 2.00000000 ETH 235.33

56 12/24/2018 15:00:00 Bounty Kraken Kraken Account1 2.00000000 ETH 262.12

Total 2018 1,151.21

Business income transaction statement 2018Page 1 of 1

Financial Derivatives (no Sec. 1256 contracts) summary 2018- Included in Short-Term capital gains / losses -

Data source AccountGainsin USD

Lossesin USD

Feesin USD

Totalin USD

Kraken Kraken Account1 601,30 104,99 41,12 455,19

Total 2018 601,30 104,99 41,12 455,19

Financial Derivatives (no Sec. 1256 contracts) summary 2018Page 1 of 1

Financial Derivatives (no Sec. 1256 contracts) transaction statement 2018- Included in Short-Term capital gains / losses -

ID Date Type Data source AccountInflow / Outflow

Quantity Asset

Value resp.gain / loss

in USD

23 06/09/2018 15:00:00 Margin Trading Profit Kraken Kraken Account1 1.00000000 ETH 601.30

37 08/02/2018 15:00:00 Margin Trading Loss Kraken Kraken Account1 0.25000000 ETH 104.99

39 08/03/2018 15:00:00 Margin Trading Fee Kraken Kraken Account1 0.10000000 ETH 41.12

Total 2018 455.19

Financial Derivatives (no Sec. 1256 contracts) transaction statement 2018Page 1 of 1

Notes

Capital assets include all property held for personal, investment or business purposes unless specificallyexcluded from its definition. As such, the sale or exchange of virtual currency is a taxable event subject tocapital gains tax.

The tracking of each individual type of virtual currency must be performed on an account by account basis.In order to calculate the capital gain result correctly, the FIFO method was used. The FIFO (first in, firstout) principle is used for the assignment of all outflowing and inflowing assets. That means, the assets thatwere first received go out at first.

Generally, the basis of virtual currency purchased is the cost paid by the taxpayer, also known as the costbasis. The basis is adjusted for specific items including transaction fees and commissions related to thepurchase.

In the event of the sale of virtual currency, the amount realized by the taxpayer is equal to the sale priceand any other consideration given to the taxpayer in exchange for their virtual currency.

In the event of the exchange of virtual currency, the amount realized by the taxpayer is equal to the fairmarket value of the incoming virtual currency on the date of the exchange and any other considerationgiven to the taxpayer in the exchange.

The amount recognized as capital gain or loss is the difference between the amount realized and theadjusted basis of the virtual currency. Since the payment of the fee is regarded as the sale of thecorresponding virtual currency amounts, the change in value of the virtual currency is tax-relevant followingthe same calculation.

If the virtual currency in the hands of the taxpayer is owned exactly one year (365 days) or less, the gain orloss from the sale or exchange of virtual currency is deemed to be a net short-term capital gain or loss. Ifthe holding period of the virtual currency in the hands of the taxpayer exceeds one year (366 days ormore), the gain or loss from the sale or exchange of virtual currency is deemed to be a net long-termcapital gain or loss.

If any assets were received as reward trough an airdrop or hardfork, the fair market value of the receivedassets on the day of receipt is qualified as other income.

If any assets were received as reward trough (i) the proof a stake consensus ("staking"), (ii) a lendingtransaction on a financial services platform ("lending"), (iii) mining ("mining"), (iv) the operation of a masternode ("master node") or (v) bounties, in a non-business manner, the fair market value of the receivedassets on the day of receipt is qualified as other income.

If any assets were received as reward trough (i) the proof a stake consensus ("staking"), (ii) a lendingtransaction on a financial services platform ("lending"), (iii) mining ("mining"), (iv) the operation of a masternode ("master node") or (v) bounties, in a business manner, the fair market value of the received assets onthe day of receipt is qualified as self-employment income.

Regarding the types of income described above, it should be noted that a tax classification depends on theway the activity is carried out and the personal circumstances of the taxpayer, so that a review by thetaxpayer or his tax advisor is necessary.

If any assets were received as part of a token swap, the exchange of the tokens is deemed to be tax-neutral, since the received tokens have the same right, function and value as the provisional tokens.

If any assets were received as part of an ICO ("initial coin offering"), or similar forms of financing, the basisof the token is equal the acquisition cost on the date of initial investment. In the case of an investment in anICO with an existing asset, the spending of the existing asset is treated as a sale.

If any assets were received as part of an "OTC Buy" against USD, the basis of the token is equal the givenacquisition cost. In the case any assets were received as part of an "OTC Buy" with linked "OTC Sell"transaction, both transactions are treated as one trade.

If any assets were received as profit or interest distribution from a security token, the fair market value ofthe received assets on the day of receipt is qualified as other income.

The deposit of any balances - for which no historical acquisition costs were detected - are simulated as anacquisition transaction at the fair market value of the incoming asset on the day of receipt.

If any assets were given as part of an "OTC Sell" against USD, the amount realized is equal the givensales proceeds.

If any assets were given as payment for goods and services, it is assumed that the fair market value of thegoods or services provided corresponds to the fair market value of the given asset. For tax purposes, aspending of an asset for products or services is treated as a sale of the corresponding amounts of thisasset.

If any assets were given as gift, the donee becomes the individual legal successor of the donor. In thiscase there is no sale by the donor or acquisition by the donee.

When withdrawing any assets, it is assumed that the taxpayer is the beneficial owner. For this reason, atax-neutral transaction was assumed for the withdrawal, as far as the taxpayer does not make any otherclassification.

In case no suitable acquisition transaction could be identified for disposals, the missing assets arealternatively booked at acquisition cost of zero on the date of disposal.

In case of "margin trading", the performance of the asset pair is tracked using a selected leverage factor. Itis assumed that the traded products do not meet Section 1256 contracts. The financial result of thesetransactions is subjected to the short-term capital gains regime. If any assets were received as "margintrading profit", the fair market value of the received assets on the day of receipt is qualified as short-termcapital gain. If any assets were given as "margin trading fee" or "margin trading loss", the fair market valueof the given assets on the day of receipt is qualified as short-term capital loss.

Any capital gain or loss related to foreign exchange transactions is qualified as other income.

Any capital gain or loss related to commodity trading is qualified as 60% long-term capital gain or loss and40% short-term capital gain or loss.

All times stated in the report are given in united coordinated time ("UTC").

The underlying tax framework is updated annually and in the present case reviewed by a big fouraccounting firm.

Yours sincerely

CryptoTax

Tax report for 2018 - cryptotax.io · Page 1 of 1. 1.00000000 ETH 06/02/2018 12/01/2018 1,210.53...

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