Coinbase: missing transactions, cost basis lost on trades
complete
F
Funny Chimpanzee
For some reason not all transactions from Coinbase are being imported. When manually adding the missing transaction and merging it with the sent, the cost basis of the sent is lost (set to 0.00).
For instance:
Purchased ABC (valued at $300)
Exchanged ABC (sent) for XYZ (received) for an end value of $292
The XYZ received transaction is not being imported for some reason. So, a manual transaction is made.
When Koinly merges the sent ABC with received XYZ transaction and recalculates, ABC cost basis is set to 0.00 and states that XYZ received is a positive gain of $292.
This issue has disastrous impact on taxes and needs to be fixed.
P
Petur
complete
The issue of Coinbase transactions missing was recently fixed. If you are still missing some transactions then you can resync your wallet from the beginning to impor them (see here: https://help.koinly.io/en/articles/5602790-how-to-resync-your-wallet-from-the-beginning)
The cost-basis will be set to $0 while the calculations are ongoing but will update when the calculations finish processing.
If there are still issues with this then please contact us at support@koinly.io so that we can review your account directly. You can link to this issue in your email so you don't need to explain everything again :)