Eoy balance and wallet balance reports show wrong balances | Bug reports (public)

Eoy balance and wallet balance reports show wrong balances

complete

Jack

Since recently, when I generate end of year balances or wallet balances reports for earlier years, the amounts are wrong.

I live in a country where long-term gains are observed, have wallet-based tracking on and had transfers this year between my wallets

December 17, 2024

Jack

marked this post as

complete

EOY balances report are available to download again 🎉

Do mind that total balances are not useful for lot allocation documentation- a report showing how lots were re-allocated after the migration will be available at a later time, see Migrating to wallet-based cost tracking under new IRS guidance (USA only)

Lemon chiffon Spoonbill

Per IRS safe harbor, we must allocate cost basis under Rev. Proc. 2024-28 by December 31, 2024. This should be Koinly's HIGHEST priority to get this done ASAP, with frequent updates.

Rolling Swan

This presents a major trust issue, as the end-of-year balance reports now generate with incorrect amounts. These discrepancies severely undermine my confidence in the platform's accuracy and reliability.

Parental Boa

Same problem from about 1 week

Lime Firefly

I have the same problem. Please fix this, as the tax services look at this report every year to check if there are discrepancies.
It should be pretty easy as the “wallet balance report” has the right balances on the individual wallets, but reports inflated numbers in the total summary. (Ex. Added up BTC balances on individual wallets =1.2, reported summary of all BTC on wallets=2.5) Something is going wrong with the math in the backround…
Thank you in advance!!