What documentation do I need to keep for reporting taxes on KuCoin futures?

3 answers

• Dec 18, 2021 · 3 years ago
  As a cryptocurrency trader on KuCoin futures, it is important to keep proper documentation for tax reporting. This includes records of all your trades, including the date, time, and value of each transaction. Additionally, you should keep track of any fees or commissions paid. It is also a good idea to keep records of any deposits or withdrawals made to and from your KuCoin futures account. By keeping thorough documentation, you can ensure accurate tax reporting and potentially minimize any issues with the tax authorities.
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• Dec 18, 2021 · 3 years ago
  When it comes to reporting taxes on your KuCoin futures trades, it's crucial to keep detailed documentation. This includes keeping track of all your trades, including the buy and sell prices, as well as the dates and times of each transaction. You should also keep records of any fees or commissions paid. Additionally, it's important to keep track of any deposits or withdrawals made to and from your KuCoin futures account. By maintaining proper documentation, you can ensure that you are accurately reporting your taxes and avoid any potential issues with the tax authorities.
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• Dec 18, 2021 · 3 years ago
  As a cryptocurrency trader, it is important to keep proper documentation for tax reporting purposes. This includes maintaining records of all your trades on KuCoin futures, including the details of each transaction such as the date, time, and value. It is also advisable to keep track of any fees or commissions paid, as well as any deposits or withdrawals made to and from your KuCoin futures account. By keeping organized and thorough documentation, you can ensure accurate tax reporting and potentially minimize any complications with the tax authorities.
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