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Cryptoknowmics 2022-04-26 11:51:25

Crypto Tax Calculation Platform Koinly Added Terra (LUNA) Wallet Support

As the deadline for filing Canadian tax returns approaches, cryptocurrency tax computation portal Koinly has added Terra (LUNA) wallet functionality to simplify tax calculation for LUNA holders. Tony Dhanjal, head of tax at Koinly, said, “Many Koinly users have requested LUNA support. With the integration, LUNA users will have a “way to accurately track and record their transactions to meet their tax obligations.” Crypto tax calculator Koinly integrates Terra into its platform#Crypto #NFT #Metaverse #News pic.twitter.com/XCjgI38tS8 — turbolamer (@turbolamer1) April 26, 2022 Users will be able to input their Terra wallet address for tax reports. Alongside 50 other wallets already supported by the platform, such as MetaMask, Trezor, and Ledger. Because Koinly automatically tracks transactions for tax reporting in over 20 countries, including the US, UK, Brazil, and most EU nations. Koinly imports all transactions, find market prices at the time of trades, matches transfers between wallets owned by the same user, calculates crypto gains/losses and prepares tax reports. The calculations include transfers between all accounts, and Koinly intends to continue growing its list of compatible wallets to become a simple one-stop solution for crypto tax tracking and reporting.The post Crypto Tax Calculation Platform Koinly Added Terra (LUNA) Wallet Support first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Crypto Tax...

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