How a year is computed

Between the transactions and the lines of your form there is one pass over your whole history: what moved, what each move was, what it was worth, and what your country's law makes of it. The pass covers every network and every account together, not one wallet at a time with the results added up.

What moved

A transaction's own record is the source: what it moved, what it paid in fees, and the moves a network makes with no transaction at all (a withdrawal from a staking account, a fee reward). Every figure in your year leads back to the record it came from, and you open that record from the line it sits on.

Who paid whom is what the transaction names. Where a network records only the balances that changed, who paid whom is worked out from those balances, and the entry is marked as read that way, so you can tell the two apart.

What each move was

A protocol Taxinger has written up is read as that protocol: a deposit is a deposit, a loan taken is a loan taken, a reward is a reward. Where no protocol of ours fits, a transaction is read for what it still proves on its own: what moved, and what the call it carried was doing. Whatever cannot be told from that is listed as unclear.

A law counts each exchange, not each transaction. A route that hops through three pools and two accounts of your own is read hop by hop, in the order the transaction made them, because some countries tax every one of those hops and others tax none of them.

What it was worth

Crypto is valued from a market source and converted with the official rate your country's law names, its central bank's. A stablecoin is priced from the market like anything else, at what it was worth that day.

A value that cannot be established is listed with its reason: a token no market prices, a moment no rate covers. Those entries go to the year's list of items waiting for your answer.

What the law makes of it

Your lots are kept as the law requires: the order a disposal is taken in (first in, last in, highest cost, or the pool's mean) is the law's answer, and so is whose units that order runs over: everything you hold, the units of each wallet and platform account on its own, each address on its own, or those held with each provider on its own with everything you keep yourself pooled together.

The rest of the law's answers are booked the same way: a receipt (an airdrop, staking, a reward), a fee, a derivative, a loan taken and repaid, a liquidation (the collateral sold for exactly the debt it settled), crypto paid for your work, a gift received. See your country's law.

What is left out, and said

Anything that cannot be computed is listed with its reason and kept out of every total: a transfer to somebody nobody can name, an unknown cost, a value without a price. We tell you how many such items there are and the amount they affect, at the year itself and in the document for your tax office.

Every answer you give re-runs this whole pass, and the result replaces the old one in one step. See questions and corrections.