The biggest loss that CoinLedger realized was ~$26. Some crypto tax tools did not record the disposal of our NFT as a loss.So, when we executed the initial swap of USDC for ETH, they recognized gains in the ~$500 range. CoinLedger and Crypto Tax Calculator marked the cost basis of our initial $500 USDC deposit as $0. Some crypto tax providers recorded large gains when we initially swapped USDC for ETH.The yellow bars show the biggest loss recorded by each provider.īased on this “sanity check” of crypto tax software programs, we were able to conclude: The blue bars show the biggest gain recorded by each provider. We identified the transactions which resulted in the largest preliminary gains/losses across each provider. We paid ~$110 for it (including transaction fees) and disposed of it for $0.
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